日本无限资源_福禄影院午夜伦_美国av毛片_亚洲自拍在线观看_激情亚洲一区国产精品_999久久久久

News Analysis: Trump's new tariffs to cost more American jobs than he wants to save

Source: Xinhua| 2018-01-25 16:50:28|Editor: Yurou
Video PlayerClose

WASHINGTON, Jan. 25 (Xinhua) -- U.S. President Donald Trump's decision to slap steep tariffs on imports of washers and solar cells would cost more American jobs than he wants to save, analysts said.

Trump has approved imposing safeguard tariffs of up to 50 percent on imported washers for the next three years and of up to 30 percent on solar cells and modules for the next four years, the Office of the United States Trade Representative said in a statement on Monday.

The move marked the first time since 2001 that the U.S. government has used Section 201, an outdated tool under the rarely used Trade Act of 1974, to unilaterally impose tariffs or other trade restrictions on foreign imports.

It has spurred opposition from U.S. industries, Republican lawmakers, free-trade advocates, Asian manufacturers and government officials.

"This is a mistake," Mark Sanford, a Republican Congressman from the state of South Carolina, where South Korea-based Samsung Group is building a new manufacturing plant for washers, said in a statement Tuesday.

Increased tariffs sound great but set countries on a financial road to ruin, Sanford said. "This is shortsighted and will cost American jobs," he predicted.

Samsung, which faces trade rivalry from U.S. washer maker Whirlpool, called Trump's decision "a great loss for American consumers and workers."

"This tariff is a tax on every consumer who wants to buy a washing machine. Everyone will pay more, with fewer choices," the company said in a statement.

The Solar Energy Industries Association (SEIA), the national trade association for the industry, estimated Trump's new tariffs on solar imports would lead to the loss of roughly 23,000 American jobs this year and the delay or cancellation of billions of dollars in solar investments.

Tariffs in this case "will create a crisis in a part of our economy that has been thriving, which will ultimately cost tens of thousands of hard-working, blue-collar Americans their jobs," said Abigail Ross Hopper, SEIA's president and chief executive.

Analysts said the new tariffs will not only raise prices for American consumers but also hurt the workers Trump has vowed to protect. History has shown that hefty safeguard tariffs by previous U.S. administrations destroyed far more American jobs than they saved.

The Obama administration's decision to levy safeguard tariffs on Chinese tires in 2009 temporarily helped save 1,200 jobs in the U.S. tire industry, but at a cost of 900,000 U.S. dollars per job due to higher prices, according to a study by the Peterson Institute for International Economics.

"The additional money that U.S. consumers spent on tires reduced their spending on other retail goods, indirectly lowering employment in the retail industry," the study said, showing a loss of around 3,731 jobs in the U.S. retail sector due to safeguard tariffs.

The George W. Bush administration's safeguard tariffs on steel imports in 2002 also caused about 200,000 job losses, one-fourth of them in metal-making, machinery and transportation equipment and parts sectors, according to Clark Packard, trade policy counsel at R Street Institute, an American think tank.

The Bush administration withdrew the steel tariffs after they were successfully challenged at the World Trade Organization (WTO) by a number of countries, Packard said. He noted that Trump's solar tariffs could face a similar challenge at the WTO and the United States is likely to lose the case.

South Korean Trade Minister Kim Hyun-Chong said Tuesday at a meeting with local corporate leaders that he would file a petition against Trump's safeguard measures at the WTO.

Chinese officials also urged the United States to refrain from abusing trade remedies, and said China will work with other WTO members to defend their interests.

"We're certainly against any unilateral protectionist measures, and we've the right to take measures to protect legitimate interests," Cui Tiankai, Chinese ambassador to the United States, told USA Today's editorial board on Tuesday.

The ambassador reiterated that China is firmly against any trade war, as a trade war would hurt both China and the United States and not help anybody.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369243171
主站蜘蛛池模板: 91杏吧| 在线看片免费人成视频无毒 | 天地资源在线观看高清 | 99国产精品99久久久久久 | 少妇高潮无遮挡毛片免费播放 | 国产精品亚洲一区二区三区正片 | www亚洲国产| 美女18禁裸乳裸体无遮挡的网站 | 无码人妻aⅴ一区二区三区鲁大师 | 精品久久久久久综合日本 | 亚洲AV永久无码精品九之 | av日韩国产 | yy6969久久亚洲精品 | 黄色日本视频 | 国产a网| 天天综合色 | 亚洲av综合色区无码一区 | 欧美精品一二三 | 国产精品涩涩涩视频网站 | 精品国产三级 | 高潮流白浆潮喷在线播放视频 | 国产成人女人在线观看 | 日本免费一区二区三区最新 | 日韩一区二 | 久久r精品国产99久久6不卡 | 日韩二区三区在线 | 一本久道久久综合狠狠躁AV | 妖精视频一区二区 | 欧美中文字幕在线播放 | 啦啦啦中文在线视频免费观看 | 拍真实国产伦偷精品 | 久久国产精品嫩草影院的推荐理由 | 狠狠躁天天躁夜夜添人人 | 亚洲av中文无码乱人伦在线播放 | 欧美第一区第二区 | 91看片一区| 日韩乱码人妻无码中文字幕 | av片网站在线观看 | JAPANESE日本熟妇喷水 | 少妇搡BBBB搡BBB搡野外 | 激情综合网天天干 |