USA-China Trade/Commentary

Tariffs are terrible way to address U.S. economic concerns: Gary Locke

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Shotlist


Seattle, USA - July 10, 2018 (CGTN - No access Chinese mainland)
1. Various of facade of White House
2. SOUNDBITE (English) Gary Locke, former U.S. Secretary of Commerce (partially overlaid with shots 3-4):
"This is most regrettable because the U.S.-China relationship has grown steadily. Actually, there are no winners in a trade war, everyone loses -- the workers of both sides, the consumers,the companies, and especially the consumers. And this will have long-lasting impacts on our economy and on the pocket books of everyday people. So it's imperative that the two governments try to get together and resolve whatever the differences are, instead of resorting to tariffs. Tariffs are a terrible way to address whatever grievances or concerns the U.S. government may have and U.S. companies may have with respect to the economic policies of China."

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
++SHOT OVERLAYING SOUNDBITE++
3. Various of containers, ships, container cranes at seaport
4. Various of equipment in operation
++SHOT OVERLAYING SOUNDBITE++

Seattle, USA - July 10, 2018 (CGTN - No access Chinese mainland)
5. Reporter asking question
6. SOUNDBITE (English) Gary Locke, former U.S. Secretary of Commerce (partially overlaid with shots 7-8):
"Very specific sectors are being hit and being hit hard and this is going to create problems, economic problems -- loss of jobs, loss of profits and income for many, many people on both sides of the Pacific. But if the tensions continue and if the promise of further tariffs by the United States, followed by retaliation by China proceed, then we could have major impacts on the economies of both countries. Well, the tariffs by China on our state right now are being felt in the agricultural sector on our exports of weed, apples and cherries. And obviously, if President Trump follows through with additional tariffs, the Chinese government will retaliate and that could impact many other exports, whether it's Boeing Airplanes to software, to machinery. We are a very trade dependent state and a big portion of our exports go to China, so tariffs will obviously make Washington state products more expensive."

++SHOTS OVERLAYING SOUNDBITE++
Illinois, USA - Recent (CGTN - No access Chinese mainland)
7. Various of plowing machine in field

Washington State, USA - Recent (CGTN - No access Chinese mainland)
8. Various of cherries being loaded onto cargo plane
++SHOTS OVERLAYING SOUNDBITE++

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
9. Various of containers, ships, container cranes at seaport

Storyline


Tariffs are terrible way to address economic concerns of the United States, Gary Locke, the former U.S. secretary of commerce, said on Tuesday during an interview with China Global Television Network.

Locke said he feels regrettable about the tense trade relations between China the U.S.

"This is most regrettable because the U.S.-China relationship has grown steadily. Actually, there are no winners in a trade war, everyone loses -- the workers of both sides, the consumers,the companies, and especially the consumers. And this will have long-lasting impacts on our economy and on the pocket books of everyday people. So it's imperative that the two governments try to get together and resolve whatever the differences are, instead of resorting to tariffs. Tariffs are a terrible way to address whatever grievances or concerns the U.S. government may have and U.S. companies may have with respect to the economic policies of China," said Locke.

The U.S. additional tariffs of 25 percent on 34 billion U.S. dollars' worth of Chinese imports took effect on Friday. China's retaliatory tariffs of equal scale went into force immediately after Washington fired the first shot.

The retaliatory tariffs by China have impacted some agricultural products in Washington State, said Locke.

"Very specific sectors are being hit and being hit hard and this is going to create economic problems -- loss of jobs, loss of profits and income for many, many people on both sides of the Pacific. But if the tensions continue and if the promise of further tariffs by the United States, followed by retaliation by China proceed, then we could have major impacts on the economies of both countries. Well, the tariffs by China on our state right now are being felt in the agricultural sector on our exports of weed, apples and cherries. And obviously, if President Trump follows through with additional tariffs, the Chinese government will retaliate and that could impact many other exports, whether it's Boeing Airplanes to software, to machinery. We are a very trade dependent state and a big portion of our exports go to China, so tariffs will obviously make Washington state products more expensive," he said.

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  • ID : 8085173
  • Published : 2018-07-11 16:34
  • Last Modified : 2018-07-13 15:37:30
  • Location : United States
  • Category : economy, business and finance
  • Duration : 2'03
  • Audio Language : English/Nats/Part Mute
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 6
  • ID : 8085173
  • Published : 2018-07-11 22:10
  • Last Modified : 2018-07-13 15:37:29
  • Location : Вашингтон,США;Иллинойс,США
  • Category : economy, business and finance
  • Duration : 2'03
  • Audio Language : Английский/Естественный звук/Частично немое
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Недоступно материковой части Китая
  • Version : 6
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