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 / Americas

Trade tariffs branded bad for jobs

By CHEN WEIHUA and REN QI | China Daily | Updated: 2018-01-25 09:08
Share
Share - WeChat
US President Donald Trump (R) signs a directive to impose tariffs on imported washing machines in the Oval Office at the White House in Washington, US, Jan 23, 2018. [Photo/Agencies]

US President Donald Trump's move on Tuesday to tax imported solar cells and washing machines has drawn criticism from political, business and academic communities.

Indian Prime Minister Narendra Modi mounted a defense of globalization at the World Economic Forum in Davos, Switzerland, on Tuesday, urging joint action on climate change and economic cooperation, in a speech some delegates took as a swipe at Trump's "America First" agenda.

Modi, making the forum's first speech by an Indian head of state in more than two decades, did not mention Trump by name but he criticized the rise of protectionism in remarks delivered three days before the US president is expected to address the forum.

"Instead of globalization, the power of protectionism is putting its head up," Modi said. "Their wish is not only to save themselves from globalization, but to change the natural flow of globalization."

China will defend its legitimate interests with other members of the World Trade Organization, the Ministry of Commerce said on Tuesday. It expressed its strong dissatisfaction with the US for enacting such a broad measure that it called an abuse of trade remedies.

The Republic of Korea's Trade Minister Kim Hyunchong also said the new US tariffs violated WHO rules.

"The US has opted for measures that put political considerations ahead of international standards," Kim said. "The (ROK) government will actively respond to the spread of protectionist measures to defend national interests."

The move by Trump enables Washington to impose a 20 percent tariff on the first 1.2 million imported large residential washing machines in the first year, and a 50 percent tariff on additional imports. The tariffs fall to 16 percent and 40 percent, respectively, in the third year.

Both Samsung Electronics and LG Electronics expressed concern over US tariffs, saying they would hurt US consumers and jobs.

Some analysts in Seoul said Trump was stepping up pressure on the Asian ally to rely more on him when dealing with the Democratic Republic of Korea, while gaining leverage in renegotiating a bilateral free trade pact he has previously labeled "horrible".

"Security and trade are linked to each other under Trump," said Choi Won-mog, an international trade law expert at ROK's Ewha University.

Opposition from home

Mexican government also said it regrets the US decision not to exclude it from tariffs on imported washing machines and solar panels, and will "use all available legal resources in response to the decision".

The move, approved by US government on Monday, also received opposition from home.

US solar energy industry has decried the Trump decision as killing US jobs. Many US lawmakers have also voiced their opposition.

Senator John McCain, a Republican from Arizona, tweeted on Tuesday that "Trump admin's new protectionist tariffs nothing more than a tax on consumers".

Lloyd Smucker, a Republican from Pennsylvania, said in a tweet that "this solar tariff decision is misguided".

Ben Sasse, a Republican Senator from Nebraska, said Republicans need to understand that tariffs are a tax on consumers.

"Moms and dads shopping on a budget for a new washing machine will pay for this-not big companies," he said in a statement.

Xinhua, AP and Reuters contributed to the story.

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
兴山县| 依安县| 江油市| 陇南市| 白河县| 江达县| 临武县| 宜春市| 柳林县| 玛曲县| 夏邑县| 敖汉旗| 文昌市| 虹口区| 昂仁县| 新余市| 叶城县| 枣阳市| 嘉义市| 兴业县| 宣化县| 龙门县| 涞水县| 茶陵县| 中卫市| 卫辉市| 尼勒克县| 叶城县| 祁门县| 山丹县| 淮安市| 自贡市| 翼城县| 政和县| 丹寨县| 深泽县| 沈丘县| 合川市| 新竹县| 大城县| 政和县|