August 13, 2017

The White House said President Donald Trump will announce Monday afternoon (EST) that the US will seek a Section 301 investigation into China's trade practices, including the alleged forced technology transfer and intellectual property theft.

Section 301 was used to impose tariffs against Japanese motorcycles and steel in the 1980s. The US is also considering a probe of Asia's "four little dragons," namely Hong Kong, Taiwan, Singapore and South Korea, under Section 301.

Trump holds a simplistic view of international relations, especially China-US ties. He stubbornly believes that the US has suffered losses from the current international trade system while China has gained an advantage. The US' overall trade deficit in 2016 was $502.3 billion, with its deficit with China exceeding $300 billion. Perhaps this has irritated Trump, making him impatient to grasp an accurate scenario of China-US trade.

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