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White House has "strong evidence" China violates tech trade rules
washingtonexaminer.com
The White House says it has strong evidence that China violates U.S. trade law to force companies to give the country their intellectual property...
"We do have very strong evidence that China uses foreign ownership restrictions such as joint venture requirements and foreign equity limitations to require or pressure technology transfers from U.S. companies to Chinese entities. We have strong evidence that China's regime of technology regulations forces U.S. companies seeking to license technologies to Chinese entities to do so on non-market-based terms," said an official with the U.S. Trade Representative's Office who requested anonymity.
The official said the administration also has evidence that China conducts "cyber-intrusions" into U.S. companies to get sensitive information, including trade secrets...
The White House initiated an investigation in August into whether it could impose tariffs on China under the 1974 Trade Act. Lighthizer said his staff had extensively reviewed the issue and believed his staff had come up with a formula for tariffs that would apply "maximal pressure" on China.
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