Byline: Jim Ostroff
WASHINGTON — The U.S. has slated public hearings Jan. 24 and 25 on its plan to impose massive penalty import duties on $2.8 billion worth of Chinese goods, including silk apparel, accessories, gloves and footwear.
The Clinton administration on Saturday announced it was proposing these sanctions to halt what it termed “rampant piracy” of American intellectual property such as movies, music and computer software.
In taking the action under Section 301 of U.S. trade law, Mickey Kantor, the U.S. Trade Representative, said China has failed to enforce a two-year-old treaty in which it promised to protect trademarks, copyrights and patents. Kantor threatened to impose up to 100 percent duties on targeted Chinese products.
Chinese officials, who had been anticipating the announcement, immediately said the imposition of U.S. penalties would be met with Chinese sanctions on the import of American cosmetics, consumer electronics and food products. — Fairchild News Service