❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

For China, intellectual property is a bigger deal than tariffs

Reema Khrais Mar 8, 2018
HTML EMBED:
COPY

For China, intellectual property is a bigger deal than tariffs

Reema Khrais Mar 8, 2018
HTML EMBED:
COPY

China has warned against the proposed tariffs on steel and aluminum, but in fact, they’d barely put a dent in its economy. The country exports just 1 percent of its steel to the United States. Really, economists argue, the bigger trade fight with China has little to do with metal. This week, President Donald Trump tweeted that the U.S. is acting swiftly on the issue of intellectual property theft, something U.S. businesses working in China have complained about for years. And that’s something that could lead to a nasty trade fight.

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.