Reuters reported last week that the president could target up to $60 billion (£42.65 billion) in imports from China. U.S. Trade Representative Robert Lighthizer said that if the measures went ahead a mix of tariffs and restrictions on investment could be used.”We are losing that to China in ways that are not reflective of the underlying economics,” Lighthizer told the House of Representatives Ways and Means Committee, a top economic policy committee, on Wednesday.
“The remedies, in my judgement at least, would be one, doing something on the tariff front, and two, doing something on the investment front, and then perhaps other things,” Lighthizer, a lawyer and veteran trade negotiator said.The United States charges that the Chinese government and companies have stolen the intellec…