A new Trump administration has a plan to impose tariffs on Chinese goods that could cripple the global manufacturing sector.
The administration’s trade war strategy is in stark contrast to the Obama administration’s efforts to forge closer ties with China.
The Trump administration, however, has not yet laid out the specifics of its plan to fight trade deficits and protect American manufacturing.
A recent White House report, released Monday, detailed the administration’s vision for how the administration will combat trade deficits with China by cutting the amount of Chinese goods it imports, but did not provide details on how the tariffs will be imposed.
It also didn’t specify what the tariffs would be or whether they would be applied retroactively to Chinese imports.
The report does not identify the specific products the administration wants to hit, but it highlights what the administration sees as China’s growing dominance in the global supply chain.
The White House is planning to impose import tariffs on steel and cement that have been used by China to build its manufacturing facilities and warehouses.
The tariffs would apply to imports from China’s top three export markets: the United States, Europe and Japan.
The steel industry, in particular, has seen a surge in demand from China as it tries to compete with the global market for industrial products, such as the auto industry and aerospace.
The China-based steel manufacturer Dongfeng Group is the largest single buyer of American steel.
It has been aggressively expanding into Europe, with a recent acquisition of a French-based firm that supplies parts for the Airbus A380 and A320 jetliners.
In a separate move, Dongfens plan to build a plant in New Zealand that would supply materials for aircraft engines.
The move would have a major impact on the supply chain for the new jetliner.
In recent months, China has been ramping up its efforts to acquire other American manufacturing companies, including General Electric and Caterpillar.
China has also begun to diversify its imports of U.S. goods, including from the United Kingdom, with plans to expand its industrial base.
The Chinese steel industry is a key source of Chinese exports to the United Sates, where it employs nearly 300,000 people.
China’s rise has come amid growing U..
S.-China trade tensions.
Beijing has aggressively pursued a new trade strategy designed to protect its growing economic interests in the Asia-Pacific region.
The new policy aims to make it easier for it to dominate the supply chains of American and European companies, while also bolstering the economies of the nations’ economies.
Beijing is trying to ensure that its own industrial infrastructure does not weaken.
In December, the United Nations General Assembly adopted a resolution calling for a “harmonious” relationship between the United states and China, saying the two countries should build on each other’s strengths.
The resolution calls for a greater sharing of the burden of trade, but also notes that both sides should strive to reduce trade barriers.
Trump’s administration has not set specific targets for the trade war it is seeking to wage against China.
However, it has indicated it is looking to impose duties on Chinese imports to protect American jobs.
The U.N. resolution is similar to the U.K.’s “impartiality” resolution, which the British government adopted in 2016 to address concerns about the economic effects of Brexit.
The “immoral” and “unfair” nature of the Chinese actions will be a central topic of discussion between the two governments, according to the White House.
The United States and China already have trade agreements, including a $600 billion free trade agreement in 2018 that has been the focus of a White House investigation.
Trump has also proposed new U.F.O.s to protect U.s. factories from China, which he has labeled as a “rogue nation.”
He has called the Chinese move “a threat to American jobs and prosperity.”
