clearn.png
Wednesday November 13th, 2019 6:29PM

US files plans to raise tariffs on Chinese imports

By The Associated Press

WASHINGTON (AP) — The U.S. government has filed plans to raise tariffs on $200 billion worth of Chinese imports from 10% to 25% Friday.

The filing by the Office of the U.S. Trade Representative appeared Wednesday in the official Federal Register.

The tariff hike, to take effect at 12:01 a.m. Eastern time Friday, will escalate a year-long trade dispute with China. A Chinese delegation is coming to Washington Thursday and Friday to salvage negotiations.

The world's two biggest economies are fighting over U.S. allegations that Beijing steals American technology, forces U.S. companies to hand over trade secrets and subsidizes Chinese tech companies in a drive to supplant American technological dominance.

The Trump administration decided to hike the tariffs after accusing China of reneging on commitments it made in earlier talks.

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Economy
© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Italian PM sacks junior minister under probe for corruption
Italian Prime Minister Giuseppe Conte has sacked a junior minister from the right-wing League party in his uneasy coalition government, who is under investigation in a corruption probe
11:04AM ( 29 minutes ago )
Timberlake to receive special honor from Songwriters Hall
Justin Timberlake's songwriting chops will be honored next month
11:01AM ( 33 minutes ago )
Taliban attack aid group office in Afghan capital, kills 5
Interior Ministry says Taliban fighters have attacked the offices of an international NGO in the Afghan capital, killing at least five people
10:59AM ( 34 minutes ago )
Associated Press (AP)
US stocks move sideways as investors eye trade talks
Stocks move sideways as the U.S. and China prepare for a new round of trade negotiations
10:33AM ( 1 hour ago )
Three Mile Island nuclear plant to proceed with closure
The owner of Three Mile Island, site of the United States' worst commercial nuclear power accident, says it now appears certain it will not get a financial rescue from Pennsylvania and said it will go ahead with a planned shutdown starting June 1
10:28AM ( 1 hour ago )
Uber, Lyft drivers protest in cities across the US
Some drivers for ride-hailing giants Uber and Lyft turned off their apps in protest, drawing attention to what they say are declining wages at a time when both companies are raking in billions of dollars from investors
10:20AM ( 1 hour ago )
AP Business
World shares decline again as trade anxiety continues
Global shares falling again after trade tensions spark Wall Street sell-off
7:49AM ( 3 hours ago )
China's April exports fall ahead of US tariff talks
China's April exports fall amid US tariff war, adding to pressure on Beijing on eve of negotiations
7:13AM ( 4 hours ago )
Shares mixed after trade tensions spark Wall Street sell-off
World shares mixed after trade tensions spark Wall Street sell-off
4:25AM ( 7 hours ago )
AP Business - Economy
Italian PM sacks junior minister under probe for corruption
Italian Prime Minister Giuseppe Conte has sacked a junior minister from the right-wing League party in his uneasy coalition government, who is under investigation in a corruption probe
11:04AM ( 29 minutes ago )
Timberlake to receive special honor from Songwriters Hall
Justin Timberlake's songwriting chops will be honored next month
11:01AM ( 33 minutes ago )
Taliban attack aid group office in Afghan capital, kills 5
Interior Ministry says Taliban fighters have attacked the offices of an international NGO in the Afghan capital, killing at least five people
10:59AM ( 34 minutes ago )
AP Top 25 Podcast: New coaches most likely to succeed
There are 27 head coaches starting new jobs in major college football this season
10:59AM ( 35 minutes ago )
Oregon's nonunanimous juries rooted in white nationalism
Oregon is the only state in America that allows nonunanimous jury verdicts, but momentum is building to scrap that system
10:50AM ( 43 minutes ago )