Forty-five United States trade groups urge President to withhold Chinese tariffs

Donald Trump

Forty-five U.S. trade associations representing some of the largest companies in the country are urging President Donald Trump not to impose tariffs on China, warning it would be "particularly harmful" to the United States economy and consumers.

The business groups wrote a letter to Trump on Sunday acknowledging "serious concerns" regarding what they described as China's theft of trade secrets and other practices and policies, but they urged a measured response that avoided tariffs.

"The Administration should not respond to unfair Chinese practices and policies by imposing tariffs or other measures that will harm USA companies, workers, farmers, ranchers, consumers, and investors", the groups said in the letter.

The groups called on Trump to work with trade allies to push for changes to China's policies.

The order has also opened the door to the country's security and trade partners that want to get tariff waivers, as long as they can offer satisfactory alternatives during their talks with the U.S. Trade Representative office.

Eddie Redmayne, wife Hannah welcome son Luke
Their first baby Iris Mary Redmayne was born in June 2016 and Eddie has since revealed that he has been a "hands-on dad". Eddie Redmayne has become a father for the second time , welcoming a son with his wife.

Lok Sabha din may again prevent no-confidence move by TDP, YSRCP
The Telugu Desam Party (TDP) issued a whip to its MPs to attend the ongoing second leg of the budget session of Parliament till the end.

Sheldon Richardson on Super Bowl: 'That's what we're chasing'
Per Albert Breer of MMQB, $6 million in incentives ($2 million per season) will pay out based on the following specifics. There was one more pressing need: a new defensive tackle to play next to two-time Pro Bowl pick Linval Joseph .

Trade associations publicly pushing back include the U.S. Chamber of Commerce, the National Retail Federation and the Information Technology Industry Council. The administration is also considering clamping down on Chinese investments in the USA and imposing tariffs on a broad range of its imports to punish Beijing for alleged theft of intellectual property, according to people familiar with the matter.

U.S. Customs and Border Protection has been directed to begin collecting the 25 percent tariffs on steel and 10 percent tariffs on aluminum at 12:01 a.m. (0401 GMT) on March 23. "We urge the administration to take measured, commercially meaningful actions consistent with global obligations that benefit USA exporters, importers, and investors, rather than penalize the American consumer and jeopardize recent gains in American competitiveness", they said.

US Treasury Secretary Steven Mnuchin, who will attend a two-day meeting of the Group of 20 finance ministers, is expected to defend Trump's trade plans against widespread global criticism.

Deng said a day earlier that the delegation's visit is to convey domestic steel and aluminum industry concern over the new tariffs, highlight Taiwan's role as an important security partner of the US and explain to the USA that Taiwan's steel and aluminum makers do not pose a threat to their US counterparts.

Reuters first reported on the Commerce Department rules and procedures from a draft document seen on Friday.

Related:

  • Trouble Arises In This Promo For Next Week's Walking Dead

    Trouble Arises In This Promo For Next Week's Walking Dead

    With Georgie, I think he's laying the groundwork both for another future crossover and potentially another spin-off series. Negan escaped, but Jadis was there to scoop him up and is holding him at gunpoint as she drives to an unknown location.
    Champions League quarter-final draw: All you need to know

    Champions League quarter-final draw: All you need to know

    The Gunners are among the favorites to win the tournament, with the victors assured of a place in next season's Champions League . Atlético Madrid's dominant display against Lokomotiv Moscow has earned them a quarterfinal date with Sporting CP of Portugal.
    Sonic Mania Plus will bring new content to base game

    Sonic Mania Plus will bring new content to base game

    In future, Sega to push new updates which would allow upto four characters to play around and to explore the game with. Both are taken from the obscure SegaSonic the Hedgehog coin-op, although they did cameo in Sonic Generations as well.
  • Panthers find run-stopper in Poe

    Panthers find run-stopper in Poe

    Poe is coming off a one-year pit stop in Atlanta, where he remained hard to handle in the middle of the defense. For his career, Poe has 15 1/2 career sacks, 240 tackles and 2 forced fumbles while playing in 92 of 94 games.

    Brandywine Global Investment Management LLC Buys 92923 Shares of Tractor Supply (TSCO)

    Sumitomo Mitsui Tru holds 0.03% in Tractor Supply Company (NASDAQ: TSCO ) or 358,573 shares. (NASDAQ:HDS) is performing -4.5%. It worsened, as 57 investors sold TSCO shares while 152 reduced holdings. 71 funds opened positions while 145 raised stakes.
    School districts engage in proactive student safety measures

    School districts engage in proactive student safety measures

    The national school walkout came one month after a gunman opened fire at Marjory Stoneman Douglas High School in south Florida. THS wasn't the only area school that participated in the National School Walkout . "We have the power to inspire change".
  • Myanmar's Suu Kyi pressed on Rohingya crisis at ASEAN summit

    Myanmar's Suu Kyi pressed on Rohingya crisis at ASEAN summit

    Australia and Southeast Asian leaders have received a request from Myanmar to grant humanitarian aid amid its Rohingya crisis . In November, then-US Secretary of State Rex Tillerson condemned Myanmar's treatment of the Rohingya as "ethnic cleansing".
    Hyperbole and Half-Truths Fill the Air After Nomination of Mike Pompeo

    Hyperbole and Half-Truths Fill the Air After Nomination of Mike Pompeo

    He added mentions of Tillerson's exit didn't "even come up" during a recent trip to Bahrain - except from USA reporters. It was unclear whether Mattis, a retired Marine general, would be able to forge as strong a relationship with Pompeo.
    Kucherov scores twice as Lightning top Oilers

    Kucherov scores twice as Lightning top Oilers

    But the Bruins hope the win didn't come at a high cost. "It was nice to get a zero in the column". Edmonton took advantage of a fortunate break to take the lead on the opening shift of the game.
  • Russia expels 23 UK diplomats as spy spat escalates

    Russia expels 23 UK diplomats as spy spat escalates

    Mr Corbyn said Labour did not support Mr Putin and that Russian Federation should be held to account if it was behind the attack. The Kremlin is surprised by the behaviour of the United Kingdom regarding the poisoning of former Russian spy Sergei Skripal .

    Raises Position in Domino's Pizza (DPZ)

    Richard Driehaus increased its stake in Ferro Corp (FOE) by 46.26% based on its latest 2017Q3 regulatory filing with the SEC. NRHCF's SI was 10,000 shares in March as released by FINRA. 104,000 are owned by Essex Invest Mngmt Comm Ltd Liability Corp.
    Microsoft's Edge Browser Launches in Beta on the iPad

    Microsoft's Edge Browser Launches in Beta on the iPad

    Having launched on iPhones , just last month Microsoft announced that its Edge browser would soon be coming to iPads . According to online reports, the Microsoft Edge iOS app has been updated with support for iPad as well.

Comments

Latest news

At least 70 homes destroyed as ferocious 'firestorm' rips through Australian town
Insurers have reportedly declared the events as a "catastrophe", meaning applicants will receive priority for their claims. A watch-and-act warning was put in place for the area on Monday morning, as firefighters said the fire was "controlled".

Bolt heading over for Commonwealth Games
THE world's greatest athlete Usain Bolt is set for the Gold Coast 2018 Commonwealth Games in Australia , NEWS.com.au reports. The 20-year-old, who claims a season-best 100m time of 10.10 seconds, will start alongside Blake.

Ireland's hopes of qualification intact with win over Scotland
Spinner Simi Singh showed why he should have been included in the team to face Zimbabwe taking two for 33 off his 10 overs. Scotland now need to win over Windies, the two-time world champions, which will all but assure them of a World Cup place.

Weather: Sunny Sunday; tracking coastal storm this week
Slushy, wet conditions could prove hard for morning commuters with the north and west of D.C. getting the most accumulation. Periods of light snow are likely in much of Minnesota on Tuesday, possibly mixed with some light rain at times.

Drug dealers could get death penalty under new Trump plan
His plan is expected to include three major parts, including raising awareness, enforcing stiffer penalties for drug traffickers and expanding treatment options.

Braun Stacey Associates INC Has Raised Holding in Caterpillar INC (CAT)
Vaughan David Investments Inc decreased Spdr Gold Trust (NYSE:SJI) stake by 475,446 shares to 3,495 valued at $425,000 in 2017Q3. It improved, as 19 investors sold DLX shares while 94 reduced holdings. 127 funds opened positions while 657 raised stakes.

Girl dies after being hit by train at Ngāruawāhia
The girl was struck on the the railway bridge in Ngāruawāhia, Waikato at 6pm New Zealand time, Stuff is reporting. The bridge is notorious for people dodging trains to jump off into the water below.

Sabbir drives Bangladesh to 166-8 in T20 tri-series final
With 9 wins in 11 games at the Premadasa, India will surely take on Shakib Hasan's side as the favourites to lift the trophy. Rohit Sharma's men scripted clinched victory by four wickets while chasing a target of 167 runs to break Bangladesh hearts.

Britain says Russian Federation stockpiled nerve agent
Labour has faced criticism for its response to the attack after leaving open the possibility that Russian Federation was being framed.

Mid (MAA) Shareholder Advantus Capital Management INC Decreased Stake by $3.20 Million
Neuberger Berman Group LLC increased its holdings in shares of Preferred Apartment Communities by 1.0% in the third quarter. Metropolitan Life Insur New York has invested 0% of its portfolio in Preferred Apartment Communities, Inc. (NYSE:MAA).

White House lawyer says Trump is not considering firing Mueller
Trey Gowdy, R-South Carolina, who sits on the House Intelligence Committee, appeared on " Fox News Sunday " to address Mr. Republicans mobilise to prevent dismissal as president questions special counsel's impartiality in election probe .

Recommendation to have suspected Stoneman Douglas shooter never acted on
We are learning more about the mental stability of Nikolas Cruz , the man accused in the school shooting in Parkland, Florida. The documents that are part of Cruz's criminal case show that he had told a classmate he wanted to buy and use a gun.

Ohio State's season comes to an end with loss to Gonzaga
While Norvell and Hachimura were handling most of the scoring duties, junior guard Josh Perkins was aptly running the offense. Jackson hit two free throws to cap a 10-3 burst as the Buckeyes crept within 30-23 with 5:16 left before the break.

Watch Duke vs. Rhode Island NCAA Tournament
He went 6 for 6 from the field against the Rams and Krzyzewski raved about Carter's passing, calling it "beautiful basketball ". The question now becomes whether he'll stick around to take it to the next level following a pair of NCAA berths.

Twitter reacts to Nevada's improbable comeback win over Cincinnati
Cody Martin had 25 points, seven assists, six rebounds and no turnovers to lead five Nevada players in double figures. On Friday, Nevada trailed No. 10 seed Texas by 14 in the second half before forcing overtime and pulling off the win.

Other news