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Trump’s New China-Trade Mistake

August 17, 2017 : Permanent Link

(Bloomberg) You may have a sense of deja vu. Once again, Donald Trump’s administration is stirring up a trade dispute with China. Once again, it’s doing so ineptly and without any obvious objectives. This time, the dispute concerns intellectual property, in particular China’s practice of asking U.S. companies to transfer technologies as a condition of doing business there. Trump has directed the U.S. Trade Representative to consider investigating the matter under Section 301 of the 1974 Trade Act. If such a probe went forward, and turned up evidence of unfair practices, Trump would have a free hand to impose sanctions and other remedies.

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