NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

Trump set to announce $69 billion in trade tariffs against China

Washington Post
22 Mar, 2018 12:12 AM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

US president Donald Trump has long taken aim at China's trade partnership with the United States. Photo/File.

US president Donald Trump has long taken aim at China's trade partnership with the United States. Photo/File.

President Donald Trump will announce Thursday a series of trade enforcement actions designed to punish China for years of widespread violations of US intellectual property rights, the White House said.

Though White House plans remain fluid, the president is expected to announce steep tariffs on around US$50 billion (NZ$69 billion) in Chinese products along with restrictions on Chinese investment in the US designed to mirror limits faced by Americans investing in China, industry executives said.

Tighter visa policies for Chinese students are also being considered, according to the executives, who declined to be identified in order to discuss private conversations.

The trade crackdown on China follows years of fruitless negotiations that failed to halt "China's state-led, market-distorting efforts to force, pressure, and steal US technologies and intellectual property," said Raj Shah, principal deputy press secretary.

Since the 1983 formation of the Joint Commission on Commerce and Trade, the two countries have tried in various diplomatic settings to hammer out agreements on the economic issues that divide them.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

But years of broken Chinese promises explain why the president is preparing to take the toughest - and potentially most disruptive - US trade actions against China in a generation, according to an official with the US trade representative's office.

"China uses these dialogues to delay and run out the clock and make you ask for things they already said they were going to do," the official said. "The administration has not been satisfied with the type of responses we've been getting from China."

The official requested anonymity in order to provide context for the president's announcement of new steps designed to punish China for violating US intellectual property rights by stealing trade secrets or forcing companies to surrender them in return for market access.

Advertisement
Advertise with NZME.

Administration officials are bracing for a firm Chinese response to any action. Chinese President Xi Jinping, fresh from eliminating term limits on his rule, presides over a government that already has drawn up lists of potential American products for retaliation in a trade war.

"China is not going to want to come to the negotiating table from a position of weakness," said Claire Reade, former USTR chief counsel for China trade enforcement. "They've been thinking of this since Trump was elected."

In testimony Wednesday before the House Ways and Means Committee, Robert Lighthizer, the US trade representative, called China's intellectual property rights practices "an assault" on American high-technology industries.

After the hurried rollout earlier this month of new tariffs on imported steel and aluminium, the Trump administration is portraying the coming China moves as the result of a deliberative inter-agency process.

Discover more

Opinion

Comment: Government needs to woo small business

22 Mar 03:14 AM
Business

Australia is a racist country, says South African politician

22 Mar 08:38 AM
World

Trump issues astonishing threat

22 Mar 06:30 PM

The president opted for new trade barriers after sounding out officials in Beijing about a potential deal, the official said.

Starting with Chinese President Xi Jinping's visit to Trump's Mar-a-Lago Florida retreat last spring, US and Chinese officials met for talks aimed at resolving lingering trade differences.

"There's very little evidence that China's actual behaviour was changing for the better," the official said.

The president sees the record US$375 billion (NZ$518 billion deficit in goods trade with China as evidence that US businesses are being unfairly treated. Many economists say that bilateral trade scores reflect broader economic forces, including Americans' propensity to buy imported goods rather than save.

When last year's talks made little headway, Trump in August ordered Lighthizer to investigate whether China was discriminating against US companies with its intellectual property practices.

The administration says that US companies face pressure to hand over technology to their Chinese partners to gain needed government permits and licenses. Chinese hackers also have penetrated computer networks of companies such as US Steel, making off with confidential business plans. And Chinese investors, including state-backed funds, have been encouraged by their government to acquire US intellectual property by buying Silicon Valley companies, officials said.

Advertisement
Advertise with NZME.

Chinese companies often register US trademarks as their own in China and effectively hold out for "ransom" from the legitimate owner, according to a January report from Lighthizer's office.

U.S. companies also complained of only "relatively modest progress made by China over the last several years in reducing" the use of pirated software and a continuing problem with trade secret theft from their China-based research centres, the report added.

Save

    Share this article

Latest from Business

Premium
Opinion

Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works

24 Jun 12:00 AM
PropertyUpdated

Fletcher Building flags massive $575m to $781m hit to 2025's result

23 Jun 09:11 PM
Premium
Politics

Treasury 'got it wrong' predicting KiwiRail to fall short of financial target, Winston Peters says

23 Jun 05:00 PM

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.

Latest from Business

Premium
Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works

Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works

24 Jun 12:00 AM

The biggest is a new application for a $100m Pak'nSave on reclaimed land in Takapuna.

Fletcher Building flags massive $575m to $781m hit to 2025's result

Fletcher Building flags massive $575m to $781m hit to 2025's result

23 Jun 09:11 PM
Premium
Treasury 'got it wrong' predicting KiwiRail to fall short of financial target, Winston Peters says

Treasury 'got it wrong' predicting KiwiRail to fall short of financial target, Winston Peters says

23 Jun 05:00 PM
Premium
Tech Insider: Australia's U16 social media ban passes key test – but NZ watchdog remains sceptical

Tech Insider: Australia's U16 social media ban passes key test – but NZ watchdog remains sceptical

23 Jun 05:00 PM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP