In comments to reporters on Tuesday, Liu Pengyu, the spokesman for the Chinese embassy in Washington, said the tariffs violate global trade rules, drag down the global economic recovery and ultimately harm US businesses and consumers.
The war between Russia and Ukraine and the world economy
“The Biden administration will not end tariffs on China but is preparing to launch a new Section 301 investigation,” he said. “Facts have proven that a tariff war cannot solve the core problem of China-US economic and trade frictions, nor will it truly balance US foreign trade. It will only drive up inflation in the US and increase the cost of living for ordinary American consumers and families.”
The report also said that Russia faced several challenges, including copyright infringement and trademark counterfeiting, but the government’s ability to address and resolve these intellectual property issues was severely limited by the Russian invasion of Ukraine. and the subsequent efforts of the United States and the United States. allies to isolate Russia from the global economy. The United States is following Russia’s recent proposals to counter international sanctions by allowing its companies to violate intellectual property rights in the United States, Europe and other countries that have imposed sanctions on Russia, the report said.
It also expressed concern about the “aggressive promotion” of geographical indications by the European Union, or rules requiring goods to come from specific regions in order to use certain product names. Rules restricting the use of common names for products, such as Parmesan or feta cheese, impose barriers to U.S.-made goods and remain “very concerning,” the USTR said.
The agency said it would also conduct a special review of Bulgaria’s practices to assess whether it had made progress in investigating and prosecuting cases of online piracy. It removed a number of countries from a watch list and said they had made progress in improving rights, including Kuwait, Saudi Arabia, Romania and Lebanon.
Katherine Tai, the trade representative, said in a statement that the government would continue to work with trading partners to address shortcomings, and that protecting intellectual property was key to more than 60 million American jobs.
“We need robust protection and enforcement abroad to protect these individuals and their livelihoods and ensure they can compete fairly in global markets,” said Ms. Tai.
