日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-US

Cautious welcome for US trade policy shift

By ZHAO HUANXIN in Washington | CHINA DAILY | Updated: 2021-10-09 07:51
Share
Share - WeChat
In an aerial view, shipping containers sit on a container ship at the Port of Oakland on Sept 9, 2021 in Oakland, California. [Photo/Agencies]

Trade groups and experts have given a cautious welcome to the Biden administration's new China trade policy, which includes "recoupling" with the world's second-largest economy instead of "decoupling", but they said it was "distressing" that US tariffs on Chinese goods would remain.

In a highly anticipated speech on Monday, the Biden administration's top trade official, Katherine Tai, said that she plans to hold "frank" talks with Chinese officials in the coming days, and that the tariffs are to remain in place and could be bolstered by additional rounds, but a "targeted tariff exclusion process" would be reinstated for companies hard hit in the trade war.

She also put forward a new phrase to frame the future of the trade relationship-"durable coexistence", and called for a "recoupling" of the two economies, a clear swerving from the calls for "decoupling" that US trade hawks have advocated for years.

"We liked her focus on dialogue with her Chinese counterparts and the desire to continue targeted tariff exemptions. Overall, her remarks ...were pragmatic, especially the desire to recouple, not decouple the world's largest economies," said Doug Barry, director of communications at the US-China Business Council.

The council, a trade association representing more than 200 US companies doing business in China, is among a multitude of US organizations calling for an end to the punitive tariffs imposed on goods flowing between the two countries.

"The exclusion process is important to both US and China businesses and to supporting workers. We hope the promise of more high-level talks will eventually create conditions for lifting the tariffs," Barry told China Daily on Tuesday.

The United States retains tariffs imposed by the Trump administration covering over $135 billion-or 93 percent-of imports of intermediate inputs from China, noted Chad Bown, a senior fellow with the Peterson Institute for International Economics in Washington.

Tariffs on such parts and components increase costs for US companies seeking to compete not only for business from US consumers, but also globally and in China through exports. The Trump administration granted some product exclusions, but most of the waivers have expired, according to Bown.

Gary Hufbauer, a senior fellow and trade expert at the institute, said the nuances of Tai's speech on China trade policy were constructive, as she offered reopening the exclusion process, with no rhetorical decoupling, which set a constructive tone for upcoming talks.

But new tariff exclusions will be narrow, which is "very different" from repealing the Trump tariffs.

"My guess is that the best we can hope for is no new tariffs or export restrictions," Hufbauer said in an email interview.

Jake Colvin, president of the National Foreign Trade Council, a Washington-based business organization, said it was "encouraging" to see US Trade Representative Tai unveil the outlines of a comprehensive strategy to "engage China firmly and directly".

"In the short term, it is important for the USTR to press ahead with a robust tariff exclusion mechanism that provides some relief to industries buffeted by the effects of the pandemic and supply chain shortages," Colvin said in a statement.

But some other organizations were quick to point out that the trade strategy was "lackluster", and fell far short of US businesses' expectations, particularly on the tariffs.

"Although restarting an exclusion process is an important step forward, the far better course would have been to discontinue use of these tariffs entirely," American Apparel & Footwear Association President and CEO Steve Lamar said hours after Tai's speech.

Lamar noted that at a time when industry is struggling with an unprecedented supply chain crisis due to crumbling infrastructure, economic fallout from a damaging pandemic and unprecedented freight costs, "it is distressing that the administration has chosen to continue to subject US companies to these damaging taxes".

"The tariffs currently being imposed on clothing, footwear, and travel goods were part of a failed trade war strategy. As we have learned during the past couple of years, trade wars are not 'good and easy to win' and, in fact, such tariffs are hurtful to American consumers, American workers and American business," Lamar said in a statement.

David French, senior vice-president of government relations with the National Retail Federation, said US businesses across the country continue to be severely impacted by the tariffs introduced by the previous administration.

"Today's long-awaited announcement proved the Biden administration's trade strategy on China to be lackluster at most, and will further inflict unnecessary damage to the American economy and retail supply chains," he said.

Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, said his impression of Tai's speech was generally "positive", as she does not support decoupling and used words like "durable coexistence" and "recoupling", which are both new terms and basically positive for US-China trade relations.

But Tai's speech lacked references to trade rules that both sides should abide by, as bilateral dialogue is important, but both sides need a "benchmark" to make some judgment, Tu said in a webinar from Beijing on Tuesday.

"So otherwise, for example, after maybe a couple of conversations, then finally the US government is not satisfied with the results, and it uses Section 301 again. Then what's the good of this conversation?" he said.

"But we think Section 301 is not consistent with WTO rules," he added.

Tu said international rules are even more important for countries like the US and China, because the two sides have the capability to hurt each other, while having the same set of rules to follow would make it easier for the two to resolve their conflicts.

Tu also said the role of the state in the economy should not be "demonized", alluding to Tai's comments that "Beijing has doubled down on its state-centered economic system".

"I think, at least in recent years, the role of the state has become more and more important in many economies, not only in China, I think even in the US, and also from her speech, Ambassador Tai also mentioned that the US will increase its investment in a lot of infrastructure (projects), or education or people's lives," he said.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人18视频在线观看 | 日本人做爰大片免费 | 国产欧美一区二区三区视频在线观看 | 中文字幕在线观看视频网站 | 亚洲色图19p | 欧美性69| 亚洲日日日| 黄色成人小视频 | 日本黄色大片网站 | 999精品免费视频 | aaaaaaa毛片 | 欧美日韩性视频 | 中国免费毛片 | 黄色免费高清 | 91视频久久久 | 成人免费看 | 免费观看黄一级视频 | 蜜桃av噜噜一区二区三区麻豆 | 国产探花一区 | 成人夜间视频 | 久久综合桃花网 | 99国产精品99久久久久久 | 欧美一区二区日韩 | 男女啪啪免费 | h亚洲| 九九热这里 | www.男人天堂 | 欧美人与禽猛交乱配 | 日韩在线网址 | 欧美黄色免费视频 | 国产视频久久久久久 | 国产激情免费视频 | 蜜桃av导航 | 亚洲在线成人 | 日韩欧美激情在线 | 伊人网在线视频 | 欧美一级特黄视频 | 天天干天天草 | 一级免费看片 | 2018狠狠干 | a√在线视频 |