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  • China to respond to more US levies with 'same scale'
    Date:2018-04-04 

    China will respond to any tariffs imposed by the United States against alleged violations of intellectual property rights with the same proportion, scale and intensity, said its US ambassador Cui Tiankai.

    Cui's comments are the first to indicate that China will retaliate on a scale that matches US plans for additional duties on Chinese imports.

    Washington is readying duties on US$50 billion (HK$390 billion) of Chinese products as punishment for what it sees as widespread violations of intellectual property rights.

    Edward Yau Tang-wah, secretary for commerce and economic development, said he will estimate the impact on Hong Kong of any potential trade war.

    About 7 to 9 percent of goods trading between China and the United States pass through Hong Kong.

    US Trade Representative Robert Lighthizer has until Friday to propose a list of Chinese products to be targeted to compensate for what he said is harm caused to the US economy by China's policies.

    American companies doing business in China have long argued that Beijing uses a range of tactics to force them to transfer intellectual property, and that mainland entities engage in widespread theft of US trade secrets.

    Following an investigation into China's intellectual property practices, the USTR said the US will "confront China over its state-led, market-distorting" practices in these areas.

    "If they do we will certainly take counter measures of the same proportion and of the same scale, same intensity," Cui.

    He said China has made good progress strengthening protection of intellectual property rights and is ready to look at cases where violations have occurred.

    After announcing that tariffs on 128 kinds of imported goods from the US would take effect on Monday, China urged trade talks with Washington to prevent greater damage to relations.

    The reciprocal tariffs, a response to US tariffs on metals announced last month, are imposed on goods valued at about US$3 billion - a tiny fraction of its US imports.



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