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China Strikes Back At US Over Latest IP Tariff Escalation

Law360 (August 8, 2018, 12:49 PM EDT) -- Hours after the Trump administration teed up a new tranche of tariffs on $16 billion in Chinese industrial goods as part of its effort to reform the country’s intellectual property rules, Beijing came forward Wednesday with new duties on U.S. chemicals, petroleum products, medical equipment and other items.

China’s tactic of immediately mirroring new U.S. tariffs with duties of its own has become a fixture of the ever-escalating trade battle that began with a U.S. report rebuking China’s intellectual property and technology acquisition rules.

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