The Trump administration formally launched an investigation into trade practices that China allegedly uses to steal the intellectual property of U.S. companies.
The administration said today that it was launching a “Section 301” investigation. The probe could result in the U.S. imposing trade tariffs on China within months, according to a person familiar with the matter.
The administration signaled that it was going to begin a probe into the impact of China’s trade rules on U.S. intellectual property on Monday when President Donald Trump signed an order authorizing U.S. Trade Representative Robert Lighthizer to consider beginning a Section 302 investigation.
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