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US Set to Hit China With Tariffs up to $60Bln Over Intellectual Property

Potential targets include clothing, electronics and investment as the Trump administration is seeking to invoke Section 301 of the U.S. Trade Act to allow president to impose import tariffs to sanction unfair trade practices. The U.S. is set to impose up to $60 billion of additional tariffs on Chinese goods as punishment for alleged intellectual property theft, according to U.S. media reports on Tuesday. President Donald Trump could implement the measure by the end of the month, the reports said. The hardball measure would come on top of restrictions onRead More