TEHRAN, June 20 -The administration of US President Donald Trump is intensifying its rhetoric against China’s trade practices, accusing Beijing of waging a systematic campaign of “economic aggression” that threatens US and global economic security.
TEHRAN, Young Journalists Club (YJC) - The 35-page report was released by the White House on Tuesday, a day after Trump threatened to slap additional tariffs on goods from China, setting off market turmoil.
The report, titled "How China's Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World," describes practices through which China "seeks to access the crown jewels of American technology and intellectual property."
China "has experienced rapid economic growth to become the world's second largest economy while modernizing its industrial base and moving up the global value chain. However, much of this growth has been achieved in significant part through aggressive acts, policies, and practices that fall outside of global norms and rules (collectively, 'economic aggression')," the White House report said in its opening.
According to the report, "economic aggression" includes physical and cyber-enabled theft of technologies and intellectual property, evading US export control laws, counterfeiting, piracy and reverse engineering.
The White House document also says there is a risk that Beijing would "seek to manipulate or pressure" any of the more than 300,000 Chinese nationals annually attending US universities or working at important American institutions.
The report says Chinese nationals could become "non-traditional information collectors that serve Beijing's military and strategic ambitions.”
Additional tariffs on Chinese goods
Trump revealed on Monday that he had requested the US Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent.
On Friday, the US president had already announced 25-percent tariffs on $50 billion of Chinese imports, prompting China to retaliate with matching duties on US goods. Back then, Trump warned of “additional tariffs” should Beijing hit back with tit-for-tat measures.
“I have directed the United States Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent,” Trump said.
Beijing has responded by saying China will protect its interests and it is prepared to fight back.
China’s Commerce Ministry accused Trump of seeking “blackmail” by threatening to impose new tariffs on Chinese products, warning of retaliatory measures.
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