China has vowed to take retaliatory measures in response. China has vowed to take retaliatory measures in response. The Trump administration is expected to unveil up to $60 billion in new tariffs on Chinese imports by Friday, targeting technology, telecommunications and intellectual property, two officials briefed on the matter said Monday. In January, Trump told Reuters he was considering a big “fine” as part of a probe into China’s alleged theft of intellectual property. Trump said the Chinese government had forced US companies to transfer their intellectual property to China as a cost of doing business there.

Source: Indian Express March 20, 2018 02:37 UTC