Wednesday, August 2, 2017

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The Trump administration is planning a trade plan to fight China

Chinese container
The Chinese container ship was on Los Angeles after arriving in the United States on October 7, 2010.

The Trump administration is considering an action plan that could lead the United States to tax and other trade barriers on commodities. China ships for sale in the United States.

US media say President Donald Trump will order Robert Lighthizer, a US business representative, to begin investigating the issue. China's trade under an article of the 1974 Trade Law. This article aims to protect the US industry from unfair trade by foreign countries.

US officials say an official announcement may be made within the next few days.

President Trump and his economic team members have long accused China of doing business, damaging its business interests. The United States has since been transporting so much steel to the United States to steal intellectual property rights. In an article published Tuesday in the Wall Street Journal

Street Journal US Trade Secretary US Wilbur Ross accused China and Europe of providing additional subsidies to ship goods to the country. Apart from such facilities as

"Low-cost borrowing, energy extra assistance, special tax deliveries," and other ways.

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