BEIJING — The head of an American business group said Tuesday that Chinese officials warned him “there will be retaliation” if President Donald Trump launches trade remedies in disputes over technology, steel and other issues. Speaking at a news conference, he didn’t identify the officials and said they were talking about possible U.S. action broadly, not individual trade cases. U.S. authorities are investigating whether Beijing is harming American companies by pressuring them to hand over technology. Chinese officials have accused Trump of jeopardizing the global trading system by taking action under U.S. law instead of through the World Trade Organization. Despite that, the Chinese technology minister, speaking at a Cabinet news conference on Tuesday, rejected suggestions companies are forced to give up technology.

Source: National Post January 30, 2018 05:52 UTC