The US must tighten a federal law to hit back at Chinese companies’ ability to profit off unfair trade practices, a technology policy think tank said Monday.
The Information Technology and Innovation Foundation in a report called on Congress to rewrite Section 337, part of a 1930 law that allows the US International Trade Commission to shut out imports that would harm US industries with unfair competition. That law needs to be strengthened to compete against China and “limit China’s ability to profit from industrial predation,” the group argued, particularly for advanced industries such as solar energy.
Similar trade provisions ...
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