The Trump administration is considering its first major trade action against Beijing, with officials engaged in “serious discussions” about launching a probe into a Chinese intellectual property regime that requires foreign companies to transfer technology to local subsidiaries and partners.
The move, described by people with knowledge of the discussions, would target one of the major concerns expressed by US, European and other businesses operating in China.
It also would mark a shift in tone for the administration, which despite Donald Trump’s campaign vitriol against China has spent most of this year adopting a more cautious line and has sought to convince Beijing to apply more pressure on North Korea.