1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i U.S. Trade Friction with China Intensifies Wayne M. Morrison Specialist in Asian Trade and Finance June 19, 2019 Commercial relations between the United States and China are experiencing an increasing level of tension and
2、uncertainty. In August 2017, the Trump Administration launched a Section 301 investigation of Chinese policies relating to technology transfer, intellectual property, and innovation policies deemed harmful to U.S. economic interests. In March 2018, the Administration announced it would take specifie
3、d action against China in response to such policies, including increased tariffs. The Administration subsequently raised tariffs on three tranches of import products from China, (with estimated combined worth of $250 billion). China imposed retaliatory tariff increase on three tranches of imported p
4、roducts from the United States (with estimated combined worth of $110 billion). On February 14, 2019, President Trump tweeted that trade negotiations with China were in “advanced stages” and suggested that an agreement could soon be reached. However, on May 5, he tweeted that trade negotiations were
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