综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

US-China trade war fears 'way overblown' - Gutierrez

(Agencies)
Updated: 2007-04-14 09:43

Paulson: Trade tensions 'natural'


U.S. Treasury Secretary Henry Paulson (L) shakes hands with Chinese Vice Premier Wu Yi during a meeting at Beijing airport March 7, 2007. [Reuters]

WASHINGTON - Treasury Secretary Henry Paulson said late Friday he wants to keep the United States' economic relationship with China on an "even keel" amid rising trade tensions between the two nations.

Speaking to reporters on the sidelines of meetings between Group of Seven finance ministers, days after Washington formally lodged a WTO complaint on Chinese copyright piracy, Paulson said it was natural for some trade tensions to occur.

Related readings: 

NYtimes editorial: No winner in a trade war
If these complaints add up to the hesitant first steps toward an all-out trade war with China, everyone will lose, including American workers, whom the White House and lawmakers say they are trying to protect.

 Top official lashes out at US WTO action
 China tightens anti-piracy enforcement

 New ruling to snare more pirates
 1.8m discs seized in piracy raid
Bo: China wants to keep trade surplus down
 China wages war against piracy

"When you have trade and strong economic relations there are going to be tensions, we have mechanisms in place to deal with some of those tensions, we have WTO processes," the US treasury chief said.

"My job is to work with my Chinese counterparts and work on this relationship which is multi-faceted. But the economic relationship is going to be very important, we want to keep that on an even keel," the former Goldman Sachs chief stressed.

The US government lodged its complaint before the World Trade Organization in Geneva on Tuesday as fake DVDs and counterfeited luxury goods soured relations between the two trading giants.

Under WTO rules, the two countries have 60 days to try to iron out their differences in bilateral negotiations.

If they do not reach agreement, Washington will have the right to demand WTO arbitration.

The United States could then gain the right to impose retaliatory duties and tariffs on Chinese imports if a WTO settlement panel ultimately rules in its favour.

Paulson appeared to be optimistic that the United States will be able to resolve its trade disputes with Beijing, especially against the backdrop of the two countries' deepening trade relations.

"I tend to look at it as a glass half full rather than a glass half empty," he said, saying that "five years ago we didn't have a lot of trade with China and today we do have a lot of trade, and as far as I'm concerned this benefits both countries."

Earlier Friday, US government figures showed America's politically sensitive trade deficit with China shrunk 13.3 percent from a month earlier to 18.4 billion dollars.

Despite the drop, the US trade gap with China still represents about a third of the overall US deficit with its major trading partners.


 12


Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
吉水县| 塘沽区| 镇赉县| 和林格尔县| 桂平市| 洛隆县| 岳阳市| 丰镇市| 石门县| 舟曲县| 衡山县| 永泰县| 临澧县| 鹿泉市| 洱源县| 康定县| 泰州市| 临湘市| 丘北县| 淳安县| 呈贡县| 开远市| 华容县| 黔江区| 石林| 红原县| 汝州市| 贺州市| 五寨县| 涞水县| 奈曼旗| 天水市| 拉萨市| 新民市| 深水埗区| 福泉市| 江西省| 饶阳县| 甘孜| 平邑县| 云梦县|