US announces Trump tariffs on China to remain in place

On Friday, the US government announced that it would continue to impose tariffs imposed by former President Donald Trump on Chinese goods.

The US Trade Representative’s office said it “received numerous inquiries” to list more than 350 companies demanding the tariffs be maintained.

US Trade Representative Katherine Tai asked that the measures be maintained as there is an option to lift them after 4 years of implementation, but the US government has said the measures are in the process of being reviewed.

“Due to requests to continue these measures, tariffs have not been finalized and will be reviewed by the Office of the US Trade Representative,” the trade agency said in a statement, without giving details of a timeline or criteria.

The statement indicated that the Biden administration could make changes and that the final decision would take into account “the impact of such actions on the United States economy, including consumers.”

Trump imposed tariffs on about $350 billion worth of annual imports from China in response to what he said was “Beijing’s theft of American intellectual property and forced transfer of technology.”

Source: AP

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