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December 12, 2020 0 Comments

The US and China have agreed to hold a talk “in the coming days” to review the process of their phase one trade deal, said Gao Feng, the spokesman of Chinese Ministry of Commerce, at a weekly media briefing held online. Our subscription service offers regular regulatory updates, August 18, 2017: The USTR initiates an investigation into certain acts, policies and practices of the Chinese government relating to technology transfer, intellectual property and innovation. May 13, 2018: Trump promises to help ZTE in a tweet. China - Australia - Q&A from the press briefing (30 Nov. 2020) China - Q&A from the press briefing (25 Sept. 20) Hong Kong – Reply by M. Jean-Baptiste Lemoyne, Minister of State attached to the Minister for Europe and Foreign Affairs, to a question in the National Assembly (09 Jun. News Briefing News brief­ing: Pfiz­er and Vivet get the OK to start gene ther­a­py tri­al for rare liv­er dis­or­der; Flori­da biotech inks $50M Chi­na deal Max Gelman Day 313: May 13, 2019 – China announces tariff hikes on US products, China launches tariff exemption system. Clear All … Day 356: June 26, 2019 – Tentative truce reached days before G20 Summit. China’s Vice Premier Liu He, US Trade Representative Robert Lighthizer, and Treasury Secretary Steven Mnuchin talked trade matters this morning. At a daily briefing Thursday, Chinese Foreign Ministry spokesperson Hua Chunying said the two had been “arrested, indicted and tried,” in what appeared to be the first public mention that they had been brought to court. Day 1: July 6, 2018 – US implements first China-specific tariffs US. Markets think this will increase the cost of trade and add uncertainty and anxiety to trade and logistics industries in Hong Kong. Day 612: February 7, 2020 – China will halve tariffs on US$75 billion worth of goods, in line with phase one deal. According to the announcement, foreigners who hold the following visas, even valid ones, are not allowed to enter China now: 1. It features brief analyses of the government’s industrial strategies, technology plans and policy guidelines that shape China’s industrial upgrading and economic trajectory. The declaration accuses China of manipulating its currency “to gain unfair competitive advantage in international trade,” and states that the US Treasury Secretary will engage with the International Monetary Fund to eliminate the advantages created by China’s latest actions Not surprisingly, the People’s Bank of China has refuted these claims in a strongly worded statement, maintaining that “China has never used and will not use the RMB exchange rate as a tool to deal with the trade frictions” and that “changes to the RMB exchange rate is determined by market supply and demand.”, Day 392: August 1, 2019 –  Trump says US will impose 10 percent tariffs on another US$300 billion of Chinese goods starting September 1. “The U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country,” said Trump in a tweet. Day 397: August 6, 2019 –  US declares China is a currency manipulatorÂ, The US Treasury declares China to be a currency manipulator, after the yuan sunk to 7 against the US dollar – its lowest level in 11 years – in apparent retaliation to the new punitive tariffs threatened to apply on the remainder of Chinese imports. Announcement [2018] No.7 (US$16 billion list) Read the latest China business news and regulatory updates. This tariff will take effect July 6, 2018. The latest list includes US imports of medical disinfectants, rare earth ores, silver and gold ores and concentrates, and some nickel and aluminum alloy products. 25 percent on 2,493 products (agricultural, products, foods, textiles and products, chemicals, metal products, machinery); 20 percent on 1,078 products (foods, paperboard, chemicals works of art); 10 percent on 974 products (agricultural products, chemicals, glassware); and. Day 563: January 13, 2020 – US officially drops China’s currency manipulator label. A barricade in April in Wuhan, China, where the coronavirus emerged, meant to keep people out of a residential compound. The US Department of Commerce also adds 44 Chinese entities to its export control list that pose a “significant risk” to US national security. Day 433: September 11, 2019 – China unveils tariff exemption list for US importsÂ. Key factors driving today… On January 7, official delegations from US and China began trade talks, which were held in Beijing – the first face-to-face meeting since agreeing to a 90-day truce, which ends March 1. The US Customs and Border Protection (CBP) begins collecting a 25 percent tariff on 818 imported Chinese products (List 1) valued at US$34 billion – giving effect to the first round of tariffs, which were revised and announced on June 15, 2018. This is the third lawsuit that China has brought to the WTO challenging US tariffs against Chinese imports. June 7, 2018: US and ZTE agree to deal that will allow ZTE to resume business. In July 2018, China stopped purchasing US-produced soybeans in retaliation to US-tariffs on Chinese imports, marking the beginnings of the trade war as we know it. List 3, originally published on August 3, can be found here, but with updated tariff rates of either five percent or 10 percent, as announced here. Day 348: June 18, 2019 – Xi and Trump rekindle trade talks ahead of G20 meetingÂ. This includes: Details on specific product purchases in each of the categories will not be released as both sides feel such disclosure could risk distorting markets. April 4, 2018: China reacts to USTR’s initial list, and proposes 25 percent tariffs to be applied on 106 products (worth US$50 billion) on goods such as soybeans, automobile, chemicals (list revised on June 16). US-China Phase One Trade Deal: How to Read the Agreement, US Tariff Exemption Process for Chinese Imports, China Tariff Exemption Process for US Imports, Shifts in China’s Industrial Supply Chain and the US-China Trade War, Tariff and Supply Chain Engineering Services, Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). It is also seeking public comments on whether to remove additional products subject to Section 301 tariffs that are necessary to the US response to COVID-19. Currently, the US$34 billion, US$16 billion, and US$60 billion target lists are under the tariff exclusion process, but no exclusion list has yet been released. 6 talking about this. The USTR releases a third list of tariffs (List 3) of over 6,000 commodities originating in China (worth US$200 billion), which will be subject to a 10 percent tariff. – Annex 1 Day 150: December 2, 2018 – US and China agree to temporary truce. Trump also threatened to raise tariffs to as much as 25 percent on US$250 billion worth of goods if China fails to move more quickly to reach a trade deal. Post was not sent - check your email addresses! US and China working-level officials reportedly resume contact after weeks of silence. Day 64: September 7, 2018 – Trump threatens new tariffs. US and Chinese negotiators continue trade talks in Washington from Wednesday, April 3 to Friday, April 5, a week after holding negotiations in Beijing. Day 332: June 2, 2019 – China issues white paper on US-China economic relations. Créer un compte. Day 622: February 17, 2020 – China grants tariff exemptions on 696 US goods to support purchases. The Office of the US Trade Representative (USTR) announces a process by which US interested parties could request the exclusion of certain Chinese products – subject to additional tariffs – as per the September 2018 list (List 3). The electronic portal for the submission of exclusion requests for products covered by the September 2018 list will open on June 30, 2019.  (For more details see here). By Dani Blum Good morning. Trump also says that he would come up with new tariffs of 25 percent on an additional US$325 billion worth of Chinese goods, which would cover essentially all remaining Chinese products. Day 74: September 17, 2018 – US finalizes tariffs on US$200 billion of Chinese goods. Russia Briefing is a magazine and daily news service about doing business in Russia. DARGIS Some people have said, ‘I don’t recognize any of these people” or “These are all foreign people.” Well, they aren’t foreign in their country! The US Customs and Border Protection (CBP) issued a notice requiring that goods produced in Hong Kong and exported to the US must be marked to indicate that their origin is “China” after September 25, 2020. Tariffs of 25 percent, 20 percent, and 10 percent, which were first announced on May 13, 2019 are now in effect on US$60 billion worth of American goods exported to China. According to media reports, other issues relating to enforcement have yet to be agreed upon, such as whether the US will have the right to unilaterally re-implement tariffs if China is deemed to have reneged on its commitments. including the most recent legal, tax and accounting changes that affect your business. Because of the opioid crisis in the US, China’s treatment of fentanyl production and distribution had been a source of tension in bilateral relations. Markets Briefing: Shares down as China-US tensions continue The Straits Times Index ended Monday trade in the red along with its Asian peers, and was down by 14.38 points or 0.51% to 2,825.51. Adresse e-mail ou mobile: Mot de passe: Informations de compte oubliées ? pushing false theories that the virus originated outside China. Findings: Though couched in careful, scientific language, the report implied that the victims’ ailments were the result of malicious, targeted attacks. The tariff cuts will apply to a list of additional tariffs that took effect on September 1, worth US$75 billion. Voir plus de contenu de China Today sur Facebook. During the negotiations, China offers to buy five million tons of US soybeans. SCOTT Keanu Reeves has been a controversial pick, but he was on the list from the beginning. Day 162: December 14, 2018 – China to temporarily lower tariffs on US autos; resumes buying US soybean exports. Build: Construct your own paper chess board. SCOTT The hardest one for me to give up was this Romanian actor Vlad Ivanov — he stayed in there until the very end, but there just wasn’t room. For many months, neither Trump nor China’s President, Xi Jinping, showed signs of wanting to back down. Connexion. Pradeep kumar. Briefing. Day 305: May 5, 2019 – Trump threatens to raise tariffs on China. Mnuchin calls the talks “productive” and confirms that the two sides will continue negotiations in Washington the next week. Day 416: August 25, 2019 – Trump, White House make contradictory statements. About Us China Briefing is produced by Dezan Shira & Associates. China, too, has digital resources in abundance, not least its huge population of 1.4bn, which means it will eventually boast an even deeper pool of data and experts to develop AI models. China’s Customs Tariff Commission of the State Council announced Thursday that it had released the second set of US goods to be excluded from the first round of additional tariffs. Australia’s latest clash with China. The China Briefing Wall Street Journal Custom Content is a unit of The Wall Street Journal advertising department. Later on the same day, the State Council approved to reinstate Chinese tariffs on US automotive and auto parts starting December 15, 2019. A 17-year-old climate activist, Ou Hongyi, has been waging a lonely campaign in her hometown in southern China to raise awareness about the perils of a warming planet. More specifically, the US will refrain from increasing the tariffs described in List 3 that were slated to increase from 10 percent to 25 percent on January 1, 2019, and will not impose previously threatened tariffs on an additional US$267 billion worth of Chinese goods. Day 81: September 24, 2018 – US and China implement third round of tariffs US. May 3-7, 2018: US-China engage in trade talks in Beijing, where the US demands that China reduce the trade gap by US$200 billion within two years. May 22, 2017: US and China agree to a trade deal that would give US firms greater access to China’s agriculture, energy, and financial markets, while China gains access to sell cooked poultry to the US. School officials and the police have harassed her. The Commission also stated that it would not be excluding more US products that were subject to the first round of additional tariffs – for now. “The two sides agreed to create conditions and atmosphere to continue pushing forward the implementation of the US-China phase one trade agreement,” according to a statement put forth by the Ministry of Commerce of China. Day 532: December 13, 2019 – China releases second set of US products to be excluded from additional tariffs. The trade war did not begin during Trump’s presidency, nor his statements in September of 2011 prior to his assuming office. On Thursday, April 4, Trump meets with Liu He, and says that the two sides will know “over the next four weeks” whether they can strike a deal. No deadline has been imposed for the talks unlike the 90-day ceasefire agreed to last year at the G20 Summit in Buenos Aires. This means that a new round of tit-for-tat tariffs will remain on hold for the foreseeable future. The USTR also announces that they will hold a public hearing on June 17, 2019 on the possibility of imposing 25 percent tariffs on a further US$300 billion worth of Chinese imports, including cellphones and laptops. Day 40 : August 14, 2018 – China files WTO claim against US. and grow their operations. Day 776: August 19 – US suspends reciprocal tax exemption on Hong Kong shipping firms. Day 359: June 29, 2019 – Trade talks to restart, ban on Huawei relaxed. – Annex 2 (will come into effect on December 15) But if … June 4-5, 2018: Two days of trade talks between US and China held in Beijing. Part 4 includes 1815 agriculture products, wood products, paper products, textile products, industrial products, and auto parts that will be subject to a five percent tariff. Day 777: August 20 – China says trade deal review to be rescheduled. It features brief analyses of the government’s industrial strategies, technology plans and policy guidelines that shape China’s industrial upgrading and economic trajectory. ... both China and Japan were little changed but finished in opposite directions. China announces the release of a white paper titled, ‘China’s Position on the China-US Economic and Trade Consultations’ (full text can be found here). On Thursday, February 21, US and Chinese negotiators resume trade talks in Washington. will reduce the September 1 tariffs on US$120 billion of Chinese goods, agreed to increase the purchase of US goods and services by at least US$200 billion over the next two years, refuted these claims in a strongly worded statement, US$300 billion of untariffed Chinese imports, imported US products to be temporarily exempted, Xi meets with the top negotiators from the US, Trump pays a “state visit plus” to China, Xi visits Trump’s Mar-a-Lago estate in Florida, Profit Repatriation from China: Compliance Procedures for Outbound Payments, Dezan Shira & Associates' Service Brochure, An Introduction to Doing Business in China 2019, https://www.dezshira.com/services/business-intelligence-solutions, http://images.mofcom.gov.cn/www/201808/20180808201049842.pdf, http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201806/t20180616_2930325.html, https://www.bakermckenzie.com/-/media/files/insight/publications/2018/07/nl_internationaltradecomplianceupdate_jul18.pdf?la=en. Here are the latest updates and maps of the pandemic. The US implements tariffs on US$200 billion worth of Chinese goods (List 3), bringing the total amount to US$250 billion. But if you look on p.51 here: https://www.bakermckenzie.com/-/media/files/insight/publications/2018/07/nl_internationaltradecomplianceupdate_jul18.pdf?la=en US autos are still subject to China’s standard tariff rate of 15 percent. Some of the products on some lists have been repeated in others though, and that’s what’s confusing me. For its part, China will purchase more US products – especially agricultural and energy products – and will crack down on the production and distribution of Fentanyl, a synthetic opioid produced primarily in China. Day 526: December 13, 2019 –  US, China agree to ‘phase one deal’ just before next tariff hike. Daily briefing: Bihar education minister resigns over corruption case; first signs of ‘herd immunity’ in Pune From Bihar education minister resigning to China seeing rising India as rival and new Parliament complex having 20 office spaces spread over four floors, here are the top news today. Products affected include beef, lamb, pork, vegetables, juice, cooking oil, tea, coffee, refrigerators, and furniture, among many others. The month-long break was partly due to the Two Sessions meetings held in early March, which were China’s biggest political meetings of the year. US and Chinese mid-level representatives meet for the first time since early in the trade war. The official announcement can be found here. Commerce ministry spokesman Gao Feng said on Thursday, November 7, that top negotiators on both sides had held “serious and constructive discussions on solving issues of core concerns” in the past two weeks. The White House, on its part, stated that “progress was made in a variety of areas” and that “discussions will continue at a deputy level.”, Day 470: October 18, 2019 – US tariff exclusion process for US$300 billion of Chinese imports. Sources quoted by the media suggest that Trump might propose a deadline of six months for the talks to reach an agreement. P.S.• We’re listening to “The Daily.” Our latest episode is on President Trump’s potential pre-emptive pardons. He just makes us happy every time he shows up in a movie. US and Chinese negotiators resume trade talks in Beijing on Thursday, March 28 and Friday, March 29 after not meeting face-to-face for nearly one month. Later, Trump tweeted that the US would increase tariffs on US$300 billion worth of Chinese imports that was being tariffed from September 1. Both announcements bring immediate relief to Chinese trade negotiators who will now be keenly following the 2020 US elections. Ou Hongyi, a young climate activist, has been ostracized and questioned by the police in China for her actions. On Wednesday morning, US and China finally signed the long-awaited phase one trade deal at the White House, easing 18-month trade tensions between the world’s two biggest economies. The 2°C budget is more generous: 1,170bn-1,500bn tonnes of carbon dioxide. Today’s coal plants could use up 60-85% of that budget on their own. Day 748: July 22 – US seeks public comments to exclude Chinese imports from Section 301 tariffs. Day 299-300: April 30-May 1, 2019 – US and China hold trade talks in Beijing. Dezan Shira & Associates´ brochure offers a comprehensive overview of the services provided by the firm. As part of the Phase 1 agreement, China will reportedly purchase US$40-50 billion in US agricultural products annually, strengthen intellectual property provisions, and issue new guidelines on how it manages its currency. Critics point to the system’s roots in colonialism and say it abuses the rights of Indigenous Australians. The US Treasury Department dropped its designation of China as a currency manipulator, two days before the two sides are due to sign a preliminary trade agreement. Trump asks Democrats to continue funding the Paycheck Protection Act. Aller vers . DARGIS And Rob Morgan. While the document makes no mention of Huawei or ZTE equipment, it might impact the two Chinese companies as they were placed on the US entity “blacklist”, earlier in May, and on Friday, November 22, were voted unanimously as national security risks by the US Federal Communications Commissions. Scott, The Times’s co-chief film critics, spoke about how they determined which actors made the cut for their 12,000-word article. Your source for credible news and authoritative insights from Hong Kong, China and the world. China’s Disregard for Human Rights China’s Environmental Abuses China’s Military Aggression Climate and Environment ... Department Press Briefing Transcripts Collection of U.S. Department of State Press Briefing Transcripts 795 items. Voir plus de contenu de China Today sur Facebook. Day 404: August 13, 2019 – US delays tariffs on certain products and removes items from the list. The Georgia Department of Economic Development reported that the companies in the state eked out a modest increase to reach record exports in 2019, despite sales to China falling 21 percent. Sorry, your blog cannot share posts by email. The office of the US Trade Representative (USTR) also released an announcement, speaking positively on the trade deal. List 1 now implements a 25 percent tariff on a reduced 818 products (from 1,334) and is set to take effect on July 6, 2018. As the holidays approach, At Home has our full collection of ideas on what to read, cook, watch and do while staying safe at home. Day 349: June 19, 2019 – US Tariff Exemption Process for Chinese ImportsÂ. China also released a White Paper, laying out the government’s official position on the US-China trade relationship. China, in turn, has set tariffs on US$185 billion worth of US goods. If announced in early December, the tariffs would likely take effect in February 2019. Talks end with no resolution. For example, many of the products on the list from the Announcement [2018] No.5 were repeated on the lists from Announcement [2019] No.4, but some weren’t. China has lodged a complaint against the US over import tariffs affecting US$300 billion of Chinese exports, according to an announcement made by China’s Ministry of Commerce. The US and China have agreed to hold a talk “in the coming days” to review the process of their phase one trade deal, said Gao Feng, the spokesman of Chinese Ministry of Commerce, at a weekly media briefing … Johnny Miller for The New York Times. Thanking yours sincerely According to the report, the two sides discussed a framework for a trade deal, or at least a “ceasefire” to reduce tensions. The surprise tariff announcement comes after the US and China ended trade talks in Shanghai just the day before. China extends the suspension of additional tariffs on US autos and auto parts, which were set to go back into force on April 1, 2019. Day 201: January 22, 2019 – US cancels preparatory talks with China. Besides delaying tariffs on some goods, the USTR is removing certain products from the scope of additional tariffs, citing “health, safety, national security” factors. The US and China hold in-person talks in Washington D.C., with Liu He leading China’s trade delegation. US Commerce Department announces the addition of five new Chinese entities (including a state-owned enterprise) to its entity list, barring them from buying US parts and components without prior government approval.  The new entities targeted are: Sugon, the Wuxi Jiangnan Institute of Computing Technology, Higon, Chengdu Haiguang Integrated Circuit, and Chengdu Haiguang Microelectronics Technology. Under WTO rules, Washington DC has 60 days to try to settle the latest dispute. US and China held mid-level trade talks in Washington ahead of the high-level trade talks scheduled for October. Trump announces that he will meet with Xi in-person in February. The U.S. Embassy building in Havana, some of whose staff experienced a mysterious illness that experts link to attacks using microwaves. The Trump Administration announces that it will exempt 110 Chinese products, including medical equipment for cancer, from the 25 percent tariffs that were added on July 6, 2018. And this is after July 10 when Chinese buyers just purchased 1.365 million tons of US corn. The report also contains a stark warning about the possibility of future episodes, and the U.S. government’s ability to detect them, or to mount a response. Effect from May 19, 2019 – China grants tariff exemptions on 696 US goods talks on list! 12,000-Word article parts of the agreement are being held on suspicion of national security to the! For credible news and authoritative insights from Hong Kong 313: May 31, Trump that... High-Level talks news update, China Briefing enjoys a devoted following developed over a decade providing. Ceasefire expires on March 1, 2019 – China books record deal for US.! In smaller roles and security ( BIS ) publishes proposed export controls on china briefing today technologies for public.! Briefing Online Portal is now open the tentative truce reached earlier in the creation of this update! 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