The United States said that it will continue pursuing steps regarding trade with China, days after Washington and Beijing stated a tentative solution to their dispute and suggested that tensions had cooled.

"To protect our national security, the United States will implement specific investment restrictions and enhanced export controls for Chinese persons and entities related to the acquisition of industrially significant technology," the release said. "The proposed investment restrictions and enhanced export controls will be announced by June 30, 2018, and they will be implemented shortly thereafter."

By June 15, Washington will release a list of some $50-billion worth of Chinese goods that will be subject to a 25% tariff, the White House said in a statement. The United States will also continue to pursue litigation against China at the World Trade Organization.

"Under Section 301 of the Trade Act of 1974, the United States will impose a 25 percent tariff on $50 billion of goods imported from China containing industrially significant technology, including those related to the "Made in China 2025" program," the release said. </s> Despite cooling tensions between the world’s two largest economies, the White House said Tuesday it will impose a 25% tariff on $50 billion of imported goods from China that “contain industrially significant technology" next month.

This includes products related to the “Made in China 2025” program. The final list will be announced by June 15 with tariffs imposed shortly after.

President Trump signed a memorandum in late March announcing the administration would take steps to protect domestic technology and intellectual property from China’s “discriminatory and burdensome” trade practices.

The White House also said it would implement specific investment restrictions and enhanced export controls for Chinese people and entities “related to the acquisition of industrially significant technology.” These will be announced by June 30 and applied shortly thereafter, it said.

This is a developing story, please check back for updates </s> WASHINGTON -- The U.S. is announcing that it will impose a 25 per cent tariff on US$50 billion worth of Chinese goods containing "industrially significant technology."

The White House said Tuesday that the tariff will cover goods related to the "Made in China 2025" program. The full list of imports that will be covered will be announced by June 15.

Trump has bemoaned the massive U.S. trade deficit with China -- $337 billion last year -- as evidence that Beijing has been complicit in abusive trading practices.

The White House also says the U.S. is planning new investment restrictions and export controls.

The announcement comes as the administration negotiates with China on a broad trade dispute. Commerce Secretary Wilbur Ross is expected to travel to China later in the week for more talks. </s> WASHINGTON: The US will impose a hefty 25 per cent tariff on the USD 50 billion worth of Chinese goods containing "industrially significant" technology, the White House said today, days after the two sides reached an agreement and vowed not to launch a trade war against each other. China and the US averted a trade war by reaching an agreement on May 20 under which Beijing agreed to "significantly increase" its purchases of American goods and services to reduce USD 375 billion trade deficit with Washington.After lengthy second round of talks in Washington, the two sides issued a joint statement vowing not to launch a trade war against each other."The United States will impose a 25 per cent tariff on USD 50 billion of goods imported from China containing industrially significant technology, including those related to the 'Made in China 2025' programme," the White House said in a statement.The final list of covered imports will be announced by June 15, and tariffs will be imposed on those imports shortly thereafter, it said.The new tariff is part of one of the three major steps that the US is taking based on the March 22, memorandum signed by President Donald Trump It announced that the US would take multiple steps to protect domestic technology and intellectual property from certain discriminatory and burdensome trade practices by China.These actions were announced following a report of the Office of the US Trade Representative regarding China's practices with respect to technology transfer, intellectual property and innovation.In accordance with the March 22 memorandum, Trump has been updated on the progress of the announced actions.According to the White House, to protect its national security, the US will implement specific investment restrictions and enhanced export controls for Chinese persons and entities related to the acquisition of industrially significant technology.The proposed investment restrictions and enhanced export controls will be announced by June 30 and they will be implemented shortly thereafter, it said.The US will also continue to pursue litigation at the World Trade Organisation for violations of the Agreement on Trade-Related Aspects of Intellectual Property Rights based on China's discriminatory practices for licensing intellectual property, the statement said.The US filed the case regarding these violations on March 23.In addition, the US will continue efforts to protect domestic technology and intellectual property, stop noneconomic transfers of industrially significant technology and intellectual property to China, and enhance access to the Chinese market, the White House said.Likewise, the US will request that China remove all of its many trade barriers, including non-monetary trade barriers, which make it both difficult and unfair to do business there, it said.The US will request that tariffs and taxes between the two countries be reciprocal in nature and value."Discussions with China will continue on these topics and the US looks forward to resolving long-standing structural issues and expanding our exports by eliminating China's severe import restrictions," the statement said.The trade spat between the top two economies of the world began last month with Trump imposing tariffs on steel and aluminum imports into US.China retaliated by imposing additional tariffs worth about USD three billion on 128 US products.Trump, while demanding China to reduce the USD 375 billion by USD 100 billion retaliated with USD 50 billion tariffs on Chinese products.In retaliation, China announced plans to impose new tariffs of 25 per cent worth USD 50 billion on 106 American products including items like soybeans which could hurt American farmers.The two countries have not yet implemented their tariff increases </s> BEIJING (dpa-AFX) - The United States will announce investment restrictions and enhanced export controls on Chinese persons and entities related to the acquisition of industrially significant technology on June 30.



In a statement Tuesday, the White House said the United States will continue to pursue litigation at the World Trade Organization for violations of the Agreement on Trade-Related Aspects of Intellectual Property Rights based on China's discriminatory practices for licensing intellectual property. 



The U.S. Trade Representative last month had decided to impose 25 percent tariff on 1300 products imported from China, including those related to the 'Made in China 2025' program, to prevent U.S. intellectual property theft and forced transfers of technology.



China hit back by saying it plans to impose the same tariff on 106 U.S. products worth $50 billion, including aircraft, cars, chemicals, and soybeans.



But after high-level bilateral trade talks, both sides agreed to put on hold the proposed tariff hike on each other's imports, pledging not to engage in a trade war. 



However, in the latest communique, the White House made it clear that the final list of covered imports would be announced by June 15, and tariffs would be imposed on those goods shortly thereafter.



'In addition, the United States will continue efforts to protect domestic technology and intellectual property, stop noneconomic transfers of industrially significant technology and intellectual property to China, and enhance access to the Chinese market.' 



The United States will request that China remove all of its many trade barriers, including non-monetary trade barriers, which make it both difficult and unfair to do business there.



The US will also request that tariffs and taxes between the two countries be reciprocal in nature and value.



The White House announced that discussions with China will continue on these topics.



Copyright RTT News/dpa-AFX </s> The US government will impose 25 percent tariffs on certain Chinese products containing "industrially significant technology" as part of its plan to combat the theft of intellectual property it has accused Beijing of engaging in, the White House said Tuesday.

"The United States will implement specific investment restrictions and enhanced export controls for Chinese persons and entities related to the acquisition of industrially significant technology," the White House said in a statement. </s> The announced on Wednesday that it would impose 25 per cent tariffs on imports of 279 items from China amounting to USD 16 billion.

This is the second tranche of such tariffs and comes into effect on August 23.

Washington had already imposed tariffs on USD 34 billion on July 6 but held off on a final USD 16 billion in goods as a result of concerns from US companies.

This is part of the US' response to China's "unfair trade practices" related to the forced transfer of American technology and intellectual property, the US Trade Representative (USTR) said.

After coming to power, the has initiated steps to address the issue of massive balance of trade with China and to the alleged Chinese theft of intellectual property.

In March 2018, the USTR had released the findings of its "exhaustive" Section 301 investigation that found China's acts, policies and practices related to technology transfer, intellectual property, and innovation are "unreasonable and discriminatory and burden US commerce".

The investigation had revealed that China uses joint venture requirements, foreign investment restrictions, and administrative review and licensing processes to require or pressure technology transfer from US companies and it deprives US companies of the ability to set market-based terms in licensing and other technology-related negotiations.

It also found that China directs and unfairly facilitates the systematic investment in, and acquisition of, US companies and assets to generate large-scale technology transfer.

ALSO READ: Here's how the trade war between US and China can actually benefit India

The USTR claimed that China conducts and supports cyber intrusions into US commercial computer networks to gain unauthorized access to commercially valuable business information.

The world's two biggest economies are locked in a trade dispute.

But there seems no solution at sight as the prepares for tariffs of up to 25 per cent on an additional USD 200 billion in Chinese products. </s> US to impose tariffs on additional Chinese goods amid trade war

Washington DC, Aug 7 (EFE).- The United States government announced Tuesday that it will impose 25 percent duties on an additional $16 billion in Chinese imports from Aug. 23, marking the second time Washington has slapped extra tariffs on Beijing.



The US Department of Commerce published the new tariff list targeting 279 Chinese imports, ranging from chemical and petroleum products to automobile industries.



This will add to the package that the US government announced in June, which came into force partially at the beginning of July, and will hit $50 billion in goods in total.



In the first round of tariffs, the US targeted a total of 1,300 Chinese goods, from advanced manufacturing and aerospace to information technology and robotics, and imposed 25 percent tariffs on $34 billion in Chinese imports, the Department of Commerce said in statements.



The US government justifies this measure on the grounds of its investigation into Chinese business practices, in which the authorities said Beijing has allegedly committed a series of irregularities.



Among those alleged irregularities are intellectual property violations against US companies, the acquisition of local companies with an aim of getting their technology, and Chinese government cyberattacks against US government computer networks.



With this new round of tariffs, President Donald Trump’s administration goes one step further in its trade war with the Asian giant.



Tensions in US-China trade relations have soared in recent months.



The US struck the first blow by announcing hefty tariffs against imports from China, to which Beijing responded immediately with identical retaliatory measures. </s> US unveils tariffs on US$50b worth of Chinese imports (VIDEO)

US President Donald Trump addresses the annual March for Life rally at the National Mall near the White House, Washington January 19, 2018. — Reuters picWASHINGTON, April 4 — The Trump administration yesterday raised the stakes in a growing trade showdown with China, announcing 25 per cent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing's intellectual property practices.

The US Trade Representative's office unveiled a list of mainly non-consumer products representing about US$50 billion (RM193 billion) of annual imports that would nonetheless hit supply chains for many US manufacturers. The list ranges from chemicals to light-emitting diodes, motorcycles and dental devices.

Publication of the tariff lists starts a public comment and consultation period expected to last around two months, after which USTR said it would issue a “final determination” on the product list. It has scheduled a May 15 public hearing on the tariffs.

USTR said the tariffs were proposed “in response to China’s policies that coerce American companies into transferring their technology and intellectual property to domestic Chinese enterprises.”

The agency added that such policies “bolster China’s stated intention of seizing economic leadership in advanced technology as set forth in its industrial plans, such as “Made in China 2025.”

China has denied that its laws require technology transfers and has threatened to retaliate against any US tariffs with trade sanctions of its own, with potential targets such as US soybeans, aircraft or heavy equipment. The dispute has raised fears about a possible trade war between the world's two largest economies.

The US list heavily targets advanced technology products that benefit from Beijing's “Made in China 2025” programmer, which aims to replace advanced technology imports with domestic products and build a dominant position in future industries.

The state-led 2025 programme targets 10 strategic industries: advanced information technology, robotics, aircraft, new energy vehicles, pharmaceuticals, electric power equipment, advanced materials, agricultural machinery, shipbuilding and marine engineering and advanced rail equipment. — Reuters
The U.S. Government announces a 25% import tariff on US$50 billion of Chinese goods with "industrially significant technology". A full list of affected products will be published on June 15. Investment restrictions and enhanced export controls are to be announced on June 30.