US levies 10% taxes on Chinese products worth $200 bn
Washington, July 11 : President Donald Trump has ordered the start of imposing additional 10 per cent taxes on Chinese imports worth $200 billion, according to a statement by the US Trade Representative (USTR).
The new tariffs were adopted on Tuesday by the Trump administration in retaliation for Beijing's response to the first set of taxes imposed by Washington, Efe news reported.
On July 6, the US levied 25-per cent tariffs worth $34 billion as part of a first tax package worth $50 billion, to which China responded with similar measures.
"As a result of China's retaliation and failure to change its practices, the President has ordered USTR to begin the process of imposing tariffs of 10 per cent on an additional $200 billion of Chinese imports," the agency said in a statement.
Along with the statement, the USTR published a 200-page list of products affected by the measure such as fruits and vegetables, cereals, products of animal origin, wood, boats and construction materials.
The list also includes chemical products, fuels, tobacco and alcohol, textiles, answering machines and photographic and video material, among others.
"For more than a year, the Trump administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition," the USTR said in its statement.
"We have been very clear and detailed regarding the specific changes China should undertake. Unfortunately, China has not changed its behaviour that puts the future of the US economy at risk," the text added.
The agency also announced that it will proceed with a public notice and comment process before the new tariffs officially take effect.
Trump had previously warned China of the imposition of the latest tariffs and of a possible third tax package worth $300 billion if the Asian giant decides to respond.
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Adequate LPG stock in Chhattisgarh, no need to panic, says CM Sai
Raipur (PTI): Amid reports of shortage of commercial LPG cylinder in several parts of the country due to the US-Israel-Iran conflict, Chhattisgarh Chief Minister Vishnu Deo Sai on Tuesday assured people that they need not worry about the availability of cooking gas in the state.
He asserted that adequate stock of LPG as well as petrol and diesel was available in the state.
Sai said in a statement that authorities have been directed to regularly monitor stock at gas agencies and keep a close watch on the supply chain. Necessary instructions were issued to officials in all districts to ensure a smooth supply of LPG.
The chief minister instructed officials to take strict action if any complaint of black marketing or hoarding of LPG cylinders is received.
Sai urged state residents not to pay attention to rumours and to book cooking gas cylinders as per their actual requirement.
The government was fully alert to ensure the availability of essential commodities to citizens, he emphasised.
Meanwhile, the Chhattisgarh Hotel and Restaurant Association has issued an advisory to hotels, restaurants, caterers and other food businesses across the state, urging them to maintain calm and avoid panic buying.
In the advisory, Taranjeet Singh Hora, president of the association, asked members to maintain coordination and immediately inform it about any major disruption in LPG supply.
He cautioned businesses against hoarding cylinders, saying such practices could worsen the situation for the entire hospitality sector.
The association advised hotels and restaurants to prioritise essential kitchen operations, core menu items and already committed banquet events.
Use electric cooking equipment wherever possible for emergency and staff kitchens such as induction cooktops, electric hot plates, electric rice cookers and kettles, the advisory stated.
