> The United States today released a list of products imported from China to the US on which additional tariffs will be placed as a measure aimed at pressuring China to change its practices the US says force US companies to give up intellectual property and transfer technology. Some industries have been dropped form the list such as pharmaceuticals, while a new list has now been announced, officials told reporters this morning. This story is developing and will be further updated shortly.
> A US official speaking on background as a “senior administration official” told reporters on a short-notice phone call today that China is using state-funded companies to outbid US companies, and is intruding and stealing IP from companies.
> USTR last year launched a “Section 301” investigation into China’s practices on technology transfer and intellectual property and concluded that it has long been engaging in unfair practices. The Section 301 report found China guilty of pressuring US companies to partner with Chinese companies, licence under less favourable terms than Chinese companies, using state-funding to buy US companies in order to get ahold of their IP, and engaging in intrusion and theft to get commercial advantage.
> The United States has raised these concerns for years, and gave China the chance to take steps to resolve the concerns, the official said, but “that’s not what they did.”
> A US official speaking on background as a “senior administration official” told reporters on a short-notice phone call today that China is using state-funded companies to outbid US companies, and is intruding and stealing IP from companies.
> USTR last year launched a “Section 301” investigation into China’s practices on technology transfer and intellectual property and concluded that it has long been engaging in unfair practices. The Section 301 report found China guilty of pressuring US companies to partner with Chinese companies, licence under less favourable terms than Chinese companies, using state-funding to buy US companies in order to get ahold of their IP, and engaging in intrusion and theft to get commercial advantage.
> The United States has raised these concerns for years, and gave China the chance to take steps to resolve the concerns, the official said, but “that’s not what they did.”
http://www.ip-watch.org/2018/06/15/breaking-news-us-imposes-...