China represents ‘unprecedented’ threat to world trading system, says US trade czar
Trade representative puts China at heart of US trade concerns
Speaking at Washington, DC-based think tank Center for Strategic and International Studies on Monday, US Trade Representative Robert Lighthizer made no bones about the Trump administration’s feelings toward China trade policy.
“The sheer scale of their coordinated efforts to develop their economy, to subsidize, to create national champions, to force technology transfer, and to distort markets in China and throughout the world is a threat to the world trading system that is unprecedented,” Lighthizer said.
“We must find other ways to defend our companies, workers, farmers, and indeed our economic system,” he implored. “We must find new ways to ensure that a market-based economy prevails.”