US Examining Ways to Retaliate Against Chinese Restrictions on US Tech Companies

Author: Eamonn Sheridan | Category: News

Wall Street Journal reporting that the U.S. is examining ways to retaliate against Beijing's restrictions on U.S. providers of cloud computing and other high-tech services

Effectively opening a new front on its trade offensive against China.

The Journal citing "according to individuals familiar with the administration's thinking"
US trade representative's office is putting together a fresh trade complaint
  • probably under Section 301 of the Trade Act of 1974
  • arguing that the Beijing unfairly restricts U.S. trade in these high-tech services
  • The trade representative has yet to decide whether to go ahead with the complaint
These are new measures being considered, would be in addition to the imposition of tariffs on a total of $150 billion in Chinese imports

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