US forms “trade coalition” to confront China
(VOVWORLD) - A senior White House economic adviser said on Thursday that the United States is uniting with other major economies to take on China’s unfair trade practices.
Produce imported from the U.S. on sale at a supermarket in Beijing (Photo: EPA/ VNA) |
According to National Economic Council Director Larry Kudlow, channels of communication with Beijing remain open but there are currently no plans for more shuttle diplomacy between Washington and Beijing.
The United States, Japan, and the European Union last month announced they are jointly considering “possible measures” against unfair industrial practices widely attributed to Beijing, such as overproduction, cyber-theft and forced technology transfers.