Post Top Ad

Your Ad Spot

Saturday, August 19, 2017

It Begins: U.S. Launches China Trade Probe

The Trump administration formally launched an investigation into trade practices that China allegedly uses to steal the intellectual property of U.S. companies.


The administration said today that it was launching a “Section 301” investigation. The probe could result in the U.S. imposing trade tariffs on China within months, according to a person familiar with the matter.

The administration signaled that it was going to begin a probe into the impact of China’s trade rules on U.S. intellectual property on Monday when President Donald Trump signed an order authorizing U.S. Trade Representative Robert Lighthizer to consider beginning a Section 302 investigation.
“I notified the President today that I am beginning an investigation under Section 201 of the Trade Act of 1974,” Lighthizer said in a statement.

No comments:

Post a Comment

Post Top Ad

Your Ad Spot