国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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

Memo could lead to trade feud

By CHEN WEIHUA in Washington and JING SHUIYU and ZHONG NAN in Bejing | China Daily | Updated: 2017-08-14 07:03
Share
Share - WeChat

US President Donald Trump is expected to sign a memorandum on Monday to announce whether the United States will take the next step toward investigating China's policies and practices on intellectual property, a move that would likely cause more tensions in bilateral trade.

White House officials, speaking on Saturday on background, said Trump is expected to direct US Trade Representative Robert Lighthizer to determine whether to investigate any of China's laws, policies, practices or actions that may be unreasonable or discriminatory or that may harm US intellectual property and innovation technology.

Chinese officials have long insisted that the country has been taking steps to better protect intellectual property rights as part of a larger effort to create a more innovative economy.

Chad Bown, a senior fellow at the Peterson Institute for International Economics, a nonpartisan think tank based in Washington, described the possible action by the Trump administration as dusting off an outdated US trade law that allows the US president to unilaterally impose tariffs on another country.

Section 301 of the US Trade Act of 1974 was used most by the Reagan administration, when Lighthizer served as deputy trade representative.

Bown noted in his article posted on Peterson's website that US trading partners have become increasingly unhappy with such an "aggressively unilateral" approach, with the government acting as police, prosecutor, judge and jury.

"The fallout from Trump's rogue use of yet another outdated US trade law would be considerable," he wrote.

Mei Xinyu, a researcher at the International Trade and Economic Cooperation Institute of China's Ministry of Commerce, said that the unilateral move by the US "might trigger a trade war", while arguing that Section 301 has limited effect.

In the two decades between 1989 and 2009, the trade representative launched many investigations into Chinese companies, he wrote in an op-ed for China Daily. "Despite that, the Chinese economy has developed robustly."

"The use of Section 301 by the US will not have much impact on China's progress toward stronger economic development and a better future," Mei said.

If the US institutes an investigation, it would consult with China and seek interested parties who wish to comment. It would likely to be a hearing, and these investigations can take as much as a year before the US reaches a conclusion, according to a senior administration official.

The official said the executive memorandum Trump is expected to sign is different from an executive order. The memorandum itself does not order a Section 301 investigation. Rather, it authorizes the trade representative to decide.

The official also indicated that no firm decision has been made as to whether the US will pursue a case involving the World Trade Organization.

Wayne Morrison, a specialist in Asian trade and finance with the Congressional Research Service, said that if the US did not use the WTO dispute settlement process, and then imposed sanctions against China, it could generate concerns that the US was undermining the very process it fought to create when the WTO was established.

"China could also challenge the US use of unilateral sanctions in the WTO or might respond with its own sanctions against the United States, which could threaten to cause a trade war," he said. Zhao Ping, director of the international trade research department at the China Council for the Promotion of International Trade Academy, said China, as a major exporter to the US, also has large amounts of imports from the US. If the Trump administration was to apply serious sanctions, it might set potential barriers for US products to enter the Chinese market.

Sino-US relations are of strategic significance, she said. "In addition to trade, the US government also needs China's help in a variety of ways, such as global governance, regional security and anti-terrorism."

Wei Jianguo, vice-president of the China Center for International Economic Exchanges, said rising frictions are normal, but this doesn't mean there will be an intensive trade war, as the two countries and their economic and trade relations have become more interdependent.

The Trump administration has been addressing China-related trade issues in a different approach. If Sino-US trade ties were profoundly altered or damaged, it would possibly end an era of spreading global prosperity, according to Wei.

US consumers and manufacturers should be aware that China has provided them with cheaper and increasingly higher quality products and an increasing magnitude of foreign demand, but the country also lends much of its surplus saving to the US, Wei 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
封开县| 防城港市| 锡林浩特市| 安阳县| 潍坊市| 阜城县| 麻栗坡县| 上犹县| 读书| 双流县| 桦川县| 罗甸县| 金寨县| 富源县| 依安县| 靖西县| 武乡县| 沈丘县| 岳普湖县| 温州市| 仁寿县| 东丽区| 亳州市| 黑水县| 凉城县| 商河县| 罗平县| 乐都县| 太仆寺旗| 南川市| 广河县| 积石山| 苍南县| 沂源县| 万宁市| 黔西县| 斗六市| 开鲁县| 潞城市| 林甸县| 鄂尔多斯市|