WASHINGTON, Feb. 14 -- Americans for Free Trade, a coalition of more than 150 industry associations, has urged the Trump administration to remove all additional tariffs, as the China-U.S. phase-one economic and trade agreement takes effect on Friday.
"It's encouraging to see some of the Phase One Deal come to fruition. American businesses, farmers, consumers, and workers certainly need these (tariff) reductions, as they have been paying the price for these tariffs since the trade war began," Jonathan Gold, spokesperson for Americans for Free Trade, said in a statement on Friday.
As part of the China-U.S. phase-one trade deal signed last month, the U.S. government has agreed to cut additional tariffs on roughly 120 billion U.S. dollars worth of Chinese products from 15 percent to 7.5 percent.
China also announced last week that it would halve rates of additional tariffs on 75 billion dollars worth of U.S. products. Both of those tariff modifications are set to take effect on Friday.
"While this progress is a good first step, the administration must negotiate a Phase Two Deal that completely lifts all tariffs," Gold said.
An unnamed Chinese official with the Customs Tariff Commission of the State Council also said last week that "it is our hope that both sides will work together toward ultimately removing all additional tariffs."
Multiple researches by American economists have showed that additional tariffs imposed by the United States against its major trading partners since early 2018 have led to higher prices, ultimately hurting the overall U.S. economy.
Overall, Americans have paid an additional 50 billion dollars in tariffs since February 2018 through December 2019, according to new data released by anti-tariff campaign group Tariffs Hurt the Heartland on Monday.
The U.S. trade coalition's statement came after a survey showed Thursday that members of the U.S.-China Business Council (USCBC) overwhelmingly view the China-U.S. phase-one trade deal as positive for the commercial environment and bilateral relations.
Among those with a positive view, the majority believes the agreement stabilizes their bilateral relationship and prevents imminent imposition of new tariffs, according to the USCBC, which represents over 200 U.S. companies that do businesses in China.
10天搞定大学英语四级核心词汇:day1
英语四级高频词汇:表示次序与因果的连接词
10天搞定大学英语四级核心词汇:day10
英语四级考试历年常考高频词汇:情感类
英语四级考试历年常考高频词汇:工作类
英语四级词汇突击 高频必备top690
大学英语四级词汇高频词汇5
12月英语四级完形填空考前练习
英语四级高频词汇:表示目的与结果的连接词
老师推荐四级最后要记的100个单词
英语四级词汇训练营:四级听力60个高频词组
10天搞定大学英语四级核心词汇:day7
大学英语四级词汇:写作常用词组精编(三)
英语四级高频词汇:表示条件与地点的连接词
英语四级考试历年常考高频词汇:灾难类
大学英语四级词汇:写作常用词组精编(二)
大学英语四级词汇:写作常用词组精编(六)
搞定四级:同根同缀词汇记忆法
10天搞定大学英语四级核心词汇:day6
10天搞定英语四级核心词汇:Day5
10天搞定大学英语四级核心词汇:Day 2
10天搞定大学英语四级核心词汇:day8
英语四级高频词汇:表示比较与对照的连接词
大学英语四级词汇:写作常用词组精编(一)
英语四级考试考点词汇及真题解析
10天搞定大学英语四级核心词汇:Day4
大学英语四级词汇高频词汇2
大学英语四级词汇易混近义词(二)
英语四级核心词汇连系动词词义辨析
过关者必备:英语四级最常考的一百个短语
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |