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U.S. sets hearing dates for proposed new tariffs on Chinese goods

U.S. sets hearing dates for proposed new tariffs on Chinese goods© Reuters. Shipping containers are seen stacked at the Dachan Bay Terminals in Shenzhen

WASHINGTON (Reuters) – The U.S. Trade Representative’s office said on Monday it would hold public hearings July 24 and 25 on its proposal to impose tariffs on a list of $16 billion worth of Chinese goods in response to what it claims are Beijing’s unfair trade practices.

The proposed tariffs are in response to China’s practices related to technology transfer, intellectual property and innovation, the USTR’s office said in a statement.

The United States currently has imposed tariffs on $34 billion worth of Chinese products, and proposal would raise to $50 billion the total amount of Chinese goods facing tariffs.

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Source: Investing.com

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