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Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece
nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture.
Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”.
The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported.
“As an industry that faces a $3 billion duty bill every year, we can assure you that any incr
ease in the cost of importing shoes has a direct impact on the American footwear consumer,” it said.
It is an “unavoidable” fact that as prices go up at the border due to transportation costs, labor r
ate increases or additional duties, the consumer pays more for the product, the footwear trade and business association said.
industries develop fast, and new sectors have been emerging, such as unmanned warehousing, facial recognition payments and new online-to-offline groceries.”
Meng also said that a new version of the nationally unified negative list for market access will be rolled out w
ithin the year. Illegal or implicit entry barriers and locally issued negative lists will be canceled, she said.
The Chinese authorities will also establish and refine mechanisms for adjusting the annually released
list when necessary, she said, adding that the list will better cope with the reforms to delegate power, streamline ad
ministration and optimize government services, and will better meet the needs of market entities for broader access.
Wang Yuanhong, deputy head of the Department of Economic Forecas
ting at the State Information Center, said the fast growth of high-tech industries and the
service sector reflects the ongoing upgrading of traditional industries and the optimization of C