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LEAKED: Trump’s Next Shoe to Drop on US-China Trade

by Wolf Richter
Wolf Street

This is the big one. It makes steel and aluminum tariffs look like a game.

If this is true – it was leaked by a “source familiar with international trade” to the Nikkei Asian Review and isn’t based on a White House announcement – then it’s going to add a lot of fuel to the already heated trade dispute between the US and China, and may ultimately make the steel and aluminum tariffs look like a game.

To punish China for its intellectual property theft, including IP infringements such as counterfeiting, and to retaliate against Chinese investment rules that require technology transfers to Chinese partners in order to set up shop in China, the Trump administration is considering a proposal by the Office of the US Trade Representative (USTR) that would impose:

Continue Reading at WolfStreet.com…

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