The administration of US President Donald Trump is adopting a multifaceted approach to combating alleged illegal trade activities by and an undesirable trade deficit with China, Kallanish reports.

In a statement displayed on the White House website, President Trump outlines his grievances against China before laying out his plan of attack.

“For many years, China has pursued industrial policies and unfair trade practices - including dumping, discriminatory non-tariff barriers, forced technology transfer, over capacity, and industrial subsidies - that champion Chinese firms and make it impossible for many United States firms to compete on a level playing field,” he says. “China’s industrial policies, such as its ‘Made in China 2025’ plan, harm companies in the United States and around the world. China imposes much higher tariffs on United States exports than the United States imposes on China.”

He adds that his administration has found dumping or subsidies on 13 different products in 2018 alone, including steel wheels, mechanical tubing, steel fittings, welded pipe, and other metallic goods.

The US’ trade defecit with China, meanwhile, was $375 billion in 2017, he says.

In reaction to these and other grievances, including alleged cyber theft, President Trump plans to push forward in several areas. He will continue with his section 301 intellectual property investigation and impose a 25% tariff on Chinese goods covered by its ‘Made in China 2025’ program. He will also continue treating China as a non-market economy at the World Trade Organization level.

The US and China recently held trade talks both in Washington and Beijing.

The White House plans to release its full list of Chinese tariffs by 15 June. On 30 June, the administration will produce a list of Chinese investment restrictions and export controls for “... industrially significant technology.”