The Trump administration plans to use new targeted tariffs to apply “maximum pressure” on China to stop it stealing the intellectual property of American business, according to the top US trade official.
With the White House expected to unveil proposed curbs on Chinese business as soon as today, Robert Lighthizer, US trade representative, also offered an olive branch to the EU and other allies, indicating they would not face immediate US tariffs on steel and aluminium imports while they were negotiating possible exemptions.
Washington is keen to enlist Europe, Japan and other trading partners in its fight against alleged Chinese trade abuses.