"Trump" jump to protect lobster export business

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Bergabung: Jum Apr 24, 2020 11:14 am

"Trump" jump to protect lobster export business

Postoleh mari123 » Kam Jun 25, 2020 3:31 pm

President Donald Trump said Wednesday that his government may impose tariffs on seafood imports from China. If it is found that China does not buy US products under trade agreements


Kyodo news agency reported that the United States and China signed the first trade agreement in January. Which helped temporarily stop the tax war between them But President Trump said he wants to protect fishermen who catch lobsters, which are considered the "crown jewels" of the US seafood industry, after fishers have been hit hard by trade agreements between Canada and the European Union (EU). )

According to a memorandum of understanding signed by President Trump, the US Trade Representative (USTR) will begin submitting monthly reports from August 15 to President Trump. To inform China about the progress of the implementation of the seafood purchase agreement

If it is found that China does not comply with the agreement, the USTR will consider to the extent required by law to take appropriate action in retaliation by imposing import duties on seafood from China.

However, under the initial trade agreement, the United States reduced some import duties on Chinese goods. While China agreed to increase purchases of US products and services in the next two years to at least $ 200 billion, agricultural products worth 3.2 billion dollars. Which includes seafood such as lobsters

News source : slotxo

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