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US plans tariffs on $50bn in Chinese imports to protest alleged tech theft

  • Latest move in Donald Trump’s trade confrontation with Beijing
  • List includes electronics, aircraft parts, medicine and other goods

The Trump administration has raised the stakes in a growing trade showdown with China by placing 25% tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing’s intellectual property practices.

The US announcement targets about $50bn of estimated 2018 imports and is aimed at hampering China’s efforts to upgrade its manufacturing base. The goods include electronics, aircraft parts, medicine and machinery.

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from The Guardian https://ift.tt/2JcJf0t

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