NEWS

British media: the United States is discussing a trade war with China-intellectual property rights are the focus.

Release time:

2017-08-08 13:53

Reference News Network reported on August 3 that British media said that the Trump administration is considering launching a major trade action against China, and relevant officials are "seriously discussing" launching an investigation into China's intellectual property system. The move will target U. S., European and other foreign companies doing business in China.

According to a report on the British "Financial Times" website on August 2, this will mark another major change in the Trump administration's measures. For much of the year, the administration has taken a more cautious stance, despite Mr. Trump's bitter attacks on China.

The news was first reported on the Aksios News website in the United States. According to the plan currently under discussion, the U.S. government is considering using a 1974 bill, which was used by the United States to Taiwan in 1987. It is required to open up the import of U.S. tobacco and alcohol. Otherwise, the application of GSP(Generalized System of Preference, Generalized Preferential Tariff System) will be stopped, it will also cite Section 301 of the U.S. Trade Act's high tariff of 100 percent in retaliation. Since the creation of the World Trade Organization (WTO) in 1995, it has rarely been used.

Before the creation of the WTO, it was the main tool used by the United States to wage a trade war. But since the WTO's inception, successive U.S. administrations have mostly chosen to use the panel set up by the trade body to resolve such disputes, and the U.S. was expected to announce action as early as this week.

But people familiar with the matter warned that the White House seems to be trying to figure out how to move forward. Trade-related departments within the U.S. government have come up with relevant proposals. If "once things enter the forefront of the White House's agenda, everyone can guess what may happen. what."

News source:http://news.sina.com.cn/w/sy/2017-08-03/doc-ifyitayr8813242.shtml

This news was re-edited and reorganized by the Huaxun team and added analytical comments.