The leadership in Beijing continues to support the theft of intellectual property, forcing US companies to share their expertise with Chinese companies. „This review shows that China has not fundamentally changed its unfair, unacceptable and anti-competitive practices,“ said Lighthizer.
The US has already imposed tariffs on Chinese goods worth $ 250 billion. The People’s Republic responded with punitive tariffs on US goods worth 110 billion dollars. US President Donald Trump threatens to impose tariffs on all other China imports amounting to 267 billion dollars.
Great expectations are attached to Trump’s planned meeting with China’s President Xi Jinping at the G20 summit in Argentina later this month. But most recently, tensions between the two countries worsened at the Asian-Pacific Economic Summit.