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April 9, 2018 05:50 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/oDyTmAKCdFk/tech-group-urges-us-to-recruit-allies-to-take-on-china-not-tariffs
Tech Group Urges US To Recruit Allies To Take on China, Not Tariffs
A trade group representing top technology companies on Monday told U.S. Treasury Secretary Steven Mnuchin that it opposes the Trump administration's focus on tariffs to try to change China's unfair trade practices. From a report: The Information Technology Industry Council said in a letter to Mnuchin that it supports the Trump administration's "Section 301" investigation into China's abuses of intellectual property, but instead of tariffs, it advocates a U.S.-led international coalition to put pressure on Beijing. "Our opposition to tariffs is pragmatic. Tariffs do not work," wrote ITIC President and CEO Dean Garfield. "Instead of tariffs, we strongly encourage the administration to build an international coalition that can challenge China at the World Trade Organization and beyond," Garfield added. "Numerous countries share the United States' concerns about China and its unfair trade practices. The United States is uniquely well-situated to lead that coalition."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/oDyTmAKCdFk/tech-group-urges-us-to-recruit-allies-to-take-on-china-not-tariffs
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