Showing posts with label 1974 trade law. Show all posts
Showing posts with label 1974 trade law. Show all posts

Sunday, March 4, 2018

Forget tariffs, China's alleged intellectual property theft a bigger threat to market: Analyst; CNBC, March 2, 2018

, CNBC; Forget tariffs, China's alleged intellectual property theft a bigger threat to market: Analyst

"Trump has said in the past that he's considering a big fine as part of the probe into China's alleged theft.

While Trump did not specify what he meant by a "fine" against China, the 1974 trade law that authorized an investigation into China's alleged theft of U.S. intellectual property allows him to impose retaliatory tariffs on Chinese goods or other trade sanctions until China changes its policies.

If the Chinese are found guilty, [chief investment strategist at ClearBridge Investments Jeffrey] Schulze fears that the nation will retaliate."