Read | China to respond to US tariffs, resist protectionism: WTO envoyThe United States runs a $375 billion goods trade deficit with China. CHINESE INVESTMENTSWhite House officials told a briefing ahead of the trade announcement that the administration was eyeing tariffs on $50 billion in Chinese goods. There was no explanation of the difference between the numbers provided by White House officials in the briefing and Trump’s $60 billion. In addition, Trump will also direct the U.S. Treasury to propose measures that could restrict Chinese investments in the United States, Eissenstat said. Eissenstat said the investigation clearly demonstrates unfair practices by China, which forces U.S. investors to turn over key technologies to Chinese firms.

Source: Indian Express March 22, 2018 17:47 UTC