[ti:US-China Trade Dispute Worries Investors] [by:www.51voa.com] [00:00.00]更多听力请访问51VOA.COM [00:01.16]The latest United States and China trade dispute has worried investors [00:07.40]and affected stock prices and the indexes that measure them. [00:14.16]Among Asian countries, China's Shanghai stock index fell nearly 3.8 percent [00:22.76]while Hong Kong's Hang Seng index lost nearly 2.8 percent. [00:30.52]On Tuesday, the U.S. Dow Jones Industrial Average [00:35.36]opened more than one percent lower. [00:39.56]U.S. President Donald Trump said Monday [00:43.20]that he had asked the U.S. trade representative [00:47.20]to identify Chinese products that would face a new 10 percent tariff. [00:54.88]The president said the new tariffs would affect $200 billion dollars in goods. [01:04.04]The president said the tariffs were in reaction to China's decision [01:10.12]to place similar import taxes on $50 billion in U.S. goods. [01:19.12]The move was a response to Trump's decision to add a 25 percent tariff [01:26.44]on $50 billion worth of Chinese goods last week. [01:32.32]China's commerce ministry strongly criticized the latest move saying [01:40.36]it does not follow "the consensus reached by both sides" during negotiations. [01:48.92]The two sides have been involved in negotiations [01:53.16]with China offering to buy $70 billion dollars in U.S. goods. [02:00.56]Trump has blamed the trade imbalance between the two countries [02:05.24]for the loss of American jobs. [02:08.84]China's trade surplus with the U.S. last year was about $375 billion. [02:18.40]Trump said he hopes to cut the trade deficit with the increased tariffs. [02:25.57]The treatment of intellectual property remains a disputed issue [02:31.84]between negotiators from both sides. [02:37.32]U.S. Secretary of State Mike Pompeo spoke to a business group [02:43.00]in Detroit, Michigan on Monday. [02:46.53]He criticized China's trade policies as "predatory." [02:52.40]He said China was taking intellectual property at a level never before seen. [03:01.04]Pompeo said he raised the issue with Chinese President Xi Jinping. [03:08.28]He said he told Xi that the current system is "not fair competition." [03:15.08]Trump's former economic adviser, Gary Cohn, [03:21.03]has warned that a continuing trade dispute [03:25.15]could result in higher inflation and personal debt. [03:31.16]However, business expert Derek Scissors of the American Enterprise Institute says [03:38.76]the U.S. could gain from the dispute. [03:42.80]He notes that the U.S. imports more from China [03:47.00]than China imports from the U.S. [03:52.92]I'm Mario Ritter. [03:54.92]更多听力请访问51VOA.COM