Washington’s tariffs on Beijing are working: US commerce chief

Washington is set to hike the tariff rate on $250 billion worth of Chinese goods to 30 percent from 25 percent next Tuesday in the absence of a breakthrough in US-China trade talks. (AFP)
Updated 10 October 2019

Washington’s tariffs on Beijing are working: US commerce chief

  • Trade war has weighed on global growth and roiled financial markets
  • Washington is set to hike the tariff rate on $250 billion worth of Chinese goods to 30 percent from 25 percent next Tuesday

SYDNEY: Tariffs are forcing China to pay attention to US concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.
Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, but added that it has forced Beijing into action. The trade war has weighed on global growth and roiled financial markets.
“We do not love tariffs, in fact we would prefer not to use them, but after years of discussions and no action, tariffs are finally forcing China to pay attention to our concerns,” Ross told a business function held by the American Chamber of Commerce in Australia.
“We could have had a deal two-and-a-half years ago without going through the whole tit-for-tat on tariffs that we have.”
Ross is on an official visit to Australia.
Top US and Chinese trade and economic officials will meet in Washington on Thursday and Friday to try to end the escalating dispute.
Without a significant breakthrough, Washington is set to hike the tariff rate on $250 billion worth of Chinese goods to 30 percent from 25 percent next Tuesday.
Negotiators had made no progress in deputy-level trade talks held on Monday and Tuesday in Washington, the South China Morning Post (SCMP) said, citing unidentified sources with knowledge of the meetings.
The two sides have been at loggerheads over US demands that China improve protections of American intellectual property, end cyber theft and the forced transfer of technology to Chinese firms, curb industrial subsidies and increase US companies’ access to largely closed Chinese markets.
Ross said the most difficult problem to solve in trade negotiations with China was making sure that the terms of an agreement would be adhered to.
“Trade agreements historically have been very weak on enforcement,” Ross said.
“Given the magnitude and the complexity of the changes we need, enforcement becomes an extremely critical component of any agreement that we make.”


Expo 2020 Dubai: UAE begins one-year countdown with entertainment galore

Updated 20 October 2019

Expo 2020 Dubai: UAE begins one-year countdown with entertainment galore

  • Dubai prepares for eye-catching countdown on Burj Khalifa
  • Live performances from singer Mariah Carey and acclaimed Emirati singer and Expo 2020 ambassador Hussain Al-Jassmi

DUBAI: The seven emirates of the UAE is counting down to the Expo 2020 on Sunday with a number of simultaneous entertainment events across the country’s iconic landmarks, before it buckles down to business on Oct. 20 next year.

The event started with performances from Arab artists Khalifa, Shamma Hamdan, Abri and Funk Radius, Showcase and Jaysus Zain at the main stage. 

The main show will be at the Burj Park with global superstar Mariah Carey, joined by Emirati singer Hussain Al-Jassmi, who is also an official Expo 2020 ambassador. Bollywood actress Shraddah Kapoor will also be there, as the Burj Khalifa lights up for the count down.

The other six emirates are also marking the occasion with free-for-all activities in venues such as the Louvre Abu Dhabi, Al Majaz Waterfront in Sharjah, Ajman Museum, Umm Al Quwain Corniche, Al Qawasim Corniche in Ras Al Khaimah and Fujairah Fort.

The events, Minister of State for International Cooperation and Expo 2020 Director-General Reem Al-Hashimy said, will “offer a window into the once-in-a-lifetime celebration that awaits from October 20, 2020.”

“The next 12 months will see us put the finishing touches to ensure an exceptional World Expo,” she added, in a report by state-run WAM.

The Louvre Abu Dhabi will feature YouTube sensation Sandra Sahi, as well as singers Stephon Lemar, Layla Kardan, the Emirati Trio.

Indian band ROOH, singer and pianist Clarita de Quiroz, Egyptian oud player Rami Zaki and other regional artists are celebrating the count down at Sharjah’s Al Marjaz waterfront.

While the Ajman Museum will host Arabic fusion band, pop-rock musician Hydyy, Emirati soul singer Chakram, poet Storm Fernandes, artist Humaira Hussain and MC Mohammed Enaba.