Latest news and updates on U.S. – China Trade
Under Section 301 Action, USTR Releases Proposed Tariff List on Chinese Products
Source: Office of the United States Trade Representative (USTR) | Date: April 3, 2018
Section 301 Policy Updates at the End
Release Date: March 27, 2018
New York – China General Chamber of Commerce–USA (CGCC) is deeply concerned about the proposed actions of increasing tariffs on Chinese imports and adding restrictions on Chinese investments announced by President Trump on March 22, 2018. Imposing unilateral sanctions will significantly hurt businesses and consumers in both countries. The impact from a broadly applied tariff remedy on imports from China will no doubt negatively impact US-China trade, American and Chinese businesses and families from both sides of the Pacific. CGCC and its Chinese and U.S. members encourage the two governments to adopt collaborative approaches in addressing trade policies and practices that can be mutually beneficial to both countries, their workers and consumers. Any action should be consistent with international obligations and with the goal of avoiding negative consequences or retaliatory measures. CGCC urges President Trump’s administration to work with the business communities and industry experts on finding alternative solutions that focus on dialogues and compromise for both economies. CGCC will continue in its efforts to connect people, build trust, and expand cooperation between China and the United States.
On October 10, 2017, CGCC provided its testimony at the USTR public hearing on this Section 301 Investigation. More information can be found here.
Founded in 2005, the China General Chamber of Commerce-USA (“CGCC”) has been recognized as the largest and most influential non-profit organization representing Chinese enterprises in the US. Its membership consists of 1,500 Chinese and US companies, 58 of which are ranked on the 2017 Fortune Global 500. CGCC’s mission is to create value, generate economic growth and enhance cooperation between US and Chinese business communities. As of 2017, CGCC Chinese member companies have cumulatively invested over $120 billion and employ more than 200,000 people throughout the US.
Section 301 Policy Updates
Government Official Release
USTR Robert Lighthizer Statement on the President’s Additional Section 301 Action
Source: Office of the United States Trade Representative (USTR) | Date: April 5, 2018
Under Section 301 Action, USTR Releases Proposed Tariff List on Chinese Products
Source: Office of the United States Trade Representative (USTR) | Date: April 3, 2018
Following President Trump’s Section 301 Decisions, USTR Launches New WTO Challenge Against China
Source: Office of the United States Trade Representative (USTR) | Date: March 23, 2018
Presidential Memorandum on the Actions by the United States Related to the Section 301 Investigation
Source: The White House | Date: March 22, 2018
Remarks by President Trump at Signing of a Presidential Memorandum Targeting China’s Economic Aggression
Source: The White House | Date: March 22, 2018
President Trump Announces Strong Actions to Address China’s Unfair Trade
Source: Office of the United States Trade Representative (USTR) | Date: March 22, 2018
FINDINGS OF THE INVESTIGATION INTO CHINA’S ACTS, POLICIES, AND PRACTICES RELATED TO TECHNOLOGY TRANSFER, INTELLECTUAL PROPERTY, AND INNOVATIONUNDER SECTION 301 OF THE TRADE ACT OF 1974
Source: Office of the United States Trade Representative (USTR) | Date: March 22, 2018
Section 301 Fact Sheet
Source: Office of the United States Trade Representative (USTR) | Date: March 22, 2018
Comments from the Public
Local U.S. Officials Woo Chinese Investment Despite Trump Threat
Source: Bloomberg News | Date: March 27, 2018
What They Are Saying: Support For President Donald J. Trump’s Section 301 Trade Actions
Source: The White House | Date: March 23, 2018
Here’s what people don’t say about the US trade deficit with China
Source: CGTN America | Date: March 22, 2018
Letter to President Trump from 45 trade associations representing some of the largest companies in the US
Source: 45 Trade Associations | Date: March 18, 2018
Public Comment at the Section 301 Public Hearing on October 10, 2017 in Washington DC
Source: Office of the United States Trade Representative (USTR) | Date: October 10, 2017
Voice of CGCC
‘Higher level’ view of trade called for
Source: Washington Post | Date: April 4, 2018
美国挑起对华贸易摩擦·美公司现身说法 “中国无法保护知识产权”不符实情
Source: CCTV | Date: March 31, 2018
Interview: Unilateral sanctions can’t cure U.S. trade deficit, says trade expert
Source: Xinhua Net | Date: March 29, 2018
洛杉矶中资企业协会会长：特朗普政府开错“贸易药方”
Source: 中国新闻网 | Date: March 29, 2018
CGCC Statement Regarding the Results of Section 301 Investigation
Source: CGCC Official website | Date: March 27, 2018
中行美国区行长：靠关税保护生存的产业没长期竞争力
Source: 人民日报 | Date: March 26, 2018
美国中国总商会会长：贸易保护主义必伤害美自身利益
Source: 中国新闻网 | Date: March 24, 2018
美国中国总商会会长：中美贸易失衡根源不在中国
Source: 海外网 | Date: March 24, 2018
徐辰：对华征额外关税等于向美国消费者加税
Source: 新浪专栏 | Date: March 23, 2018
Comment from CGCC at the Section 301 Public Hearing on Octorber 10, 2017 in Washington DC
Source: Office of the United States Trade Representative (USTR) | Date: October 10, 2017
