Posted on 03/13/2018 10:13:01 PM PDT by cba123
President Donald Trump's administration is considering a trade package including indefinite tariffs, investment restrictions and possible visa restrictions on Chinese travelers, a source told CNBC Tuesday.
The new package was crafted in response to the findings from a recent investigation of China by U.S. Trade Representative Robert Lighthizer.
The so-called Section 301 investigation was formed to determine whether China's practices were "unreasonable or discriminatory and burden or restrict U.S. commerce."
The proposed package of penalties, which could foment a more adversarial trade relationship with China, comes amid a report from Reuters that theTrump administration is also seeking to impose heavy new tariffs on China.
(excerpt, please see link for full article)
Interesting.
(Excerpt) Read more at cnbc.com ...
Trump is considering a tough new trade package against China, a source told CNBC Tuesday.
The package may include tariffs, investment restrictions and possibly visa restrictions on Chinese travelers.
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