Trump is considering a move that could set off ‘the next great crisis’ with China

Trump XiReuters/Carlos Barria

  • President Donald Trump is reportedly pushing members of his administration to come up with new tariffs and trade restrictions on China.
  • The restrictions would be part of an investigation under Section 301 of the the US Trade Act of 1974 that is looking into intellectual property theft by Chinese firms.
  • The move would likely spark a swift reaction from China and possibly prompt a trade war between the two countries.

President Donald Trump is pushing advisers to prepare a set of trade actions against China that would likely provoke a strong response, according to a new report.

Politico’s Adam Behsudi and Andrew Restuccia reported Tuesday that during a White House meeting last week, Trump asked US Trade Representative Robert Lighthizer to prepare large-scale tariffs and trade restrictions against China as part of an investigation into intellectual property theft by the country.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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