NEW YORK, Feb. 15 -- The U.S. government's recent tough measures on trade have raised concerns over China-U.S. economic ties, but analysts on both sides of the Pacific say the world's two largest economies have better choices.
U.S. BECOMES INCREASINGLY PROTECTIONIST
China has made it clear that it wants healthy and win-win trade cooperation with the United States, but recent months have indicated that the latter has other calculations.
In late January, U.S. President Donald Trump approved imposing safeguard tariffs of up to 50 percent on imported washers for the next three years and of up to 30 percent on solar cells and modules for the next four years.
The move marked the first time since 2001 that the U.S. government has used Section 201, an outdated tool under the rarely used Trade Act of 1974, to unilaterally impose tariffs or other trade restrictions on foreign imports.
In the latest trade protectionist move by the Trump administration, the U.S. Commerce Department on Tuesday launched anti-dumping and countervailing duty investigations against imports of large-diameter welded pipes from several countries, including China.
Moreover, Trump on Tuesday threatened further actions against his country's two major Asian trading partners, warning of sanctions against China while vowing to revise or scrap a free trade deal with South Korea.
The president said he was "considering all options," including tariffs and quotas.
【国内英语资讯:Spotlight: U.S., China have better options to address trade issues】相关文章:
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