www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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

Outdated, unilateral US trade tools against China set to hurt both

Xinhua | Updated: 2017-08-13 19:47
Share
Share - WeChat

WASHINGTON - Doing anything unilateral against China on trade issues is expected to hurt both and produce no winner for the Trump administration, which has been searching through the policy toolbox for outdated means even without a consensus within itself.

Senior administration officials said on Saturday that Trump will direct the US trade representative (USTR) next week to determine whether to investigate China's trade practices under Section 301 of the Trade Act of 1974.

The move again raises grave concerns among the business community that Washington may unilaterally impose tariffs on Chinese products, triggering bigger trade conflict between the two largest economies of the world.

Besides, the US Commerce Department has launched the so-called Section 232 investigations into imported steel and aluminum products on the grounds of protecting national security. A Section 201 investigation led by US International Trade Commission on imported Chinese solar cells and modules is expected to release its findings in September.

All these tools have a common feature: they were meant for the pre-WTO era. Section 301 and Section 201 of the Trade Act of 1974, and Section 232 of the Trade Expansion Act of 1962 were all put in place during the Cold War era, and were rarely used since the launch of World Trade Organization (WTO) in 1995.

In its heyday in 1980s, Section 301 was aggressively used by the Reagan administration against Japan to protect US automobile and semi-conductor industries. The US abuse of such unilateral actions, however, provoked widespread backlash from its major trading partners.

"This law was mostly deployed before an effective, internationally agreed system to solve disputes -- namely the WTO -- existed," said Chad Bown, a senior fellow at the Peterson Institute for International Economics, a think tank based in Washington D.C.

1 2 Next   >>|
Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . 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: 国产不卡毛片 | 国产一区中文字幕在线观看 | 夜色视频一区二区三区 | 国产一级一级 | 欧美视频在线观看一区二区 | 51久久夜色精品国产 | 久久五 | 成年网在线观看免费观看网址 | 欧美在线观看一区二区三区 | 韩国精品一区二区三区四区五区 | 国产美女一区精品福利视频 | 国产欧美日韩精品第一区 | 亚洲成人偷拍自拍 | hd最新国产人妖ts视频 | 国产日韩美国成人 | 三级香蕉 | 先锋影音xfyy5566男人资源 | 亚洲视频手机在线观看 | 免费一级毛片在线播放不收费 | 影院成人区精品一区二区婷婷丽春院影视 | 成年人www| 香蕉tv亚洲专区在线观看 | 国外成人在线视频 | 亚洲欧美国产精品专区久久 | 日韩在线高清 | 久久久www成人免费精品 | 国产男女交性视频播放免费bd | 精品一区二区三区波多野结衣 | 中文字幕亚洲 综合久久 | 99精品免费久久久久久久久日本 | 国产婷婷一区二区在线观看 | 国产成人理在线观看视频 | 欧美视频在线观看免费精品欧美视频 | 一个人看的www日本视频 | 久久亚洲视频 | 国产精品亚洲欧美日韩一区在线 | 成年美女黄网站色视频大全免费 | 日韩精品无码一区二区三区 | 美美女高清毛片视频免费观看 | 亚洲国产精品久久久久久 | 久草在线资源视频 |