BUSINESS - ON BUSINESS
Trump’s Tough China Tack Wins Over Skeptical CEOs
Some American executives now see administration’s blunt approach as best shot to resolve intellectual-property grievances
By John D. Stoll
Dec. 8, 2018 12:00 a.m. ET
When President Trump first threatened to levy major tariffs on China, business leaders worried the administration was using the wrong weapon on the right target.
It wasn’t the flood of washing machines coming in and the trickle of Fords going out that raised the ire of America’s CEOs. They wanted something done about counterfeiting, allegations that the Chinese were stealing U.S. intellectual property and investment rules Beijing leans upon that force technology transfers.
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READ MORE: https://www.wsj.com/articles/trumps-tough-china-tack-wins-over-skeptical-ceos-1544245201
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