US officials mull taking harder line against China's demands for technology transfers
Apparently, President Donald Trump's administration is considering using rarely invoked US trade laws to fend off China's demands that foreign companies share their technology in return for access to the country's vast market.
The administration is discussing the use of Section 301 of the Trade Act of 1974, which empowers Washington to launch an investigation into China's trade practices and, within months, raise tariffs on imports from China or impose other sanctions, apparently. The investigation would be focused on China's alleged "forced technology transfer policies and practices," the person said, adding that the Trump administration could move to launch such a probe this week.
US officials mull taking harder line against China's demands for technology transfers