Trade War: Technology War and Bottom Line

trade war: The US unilaterally lifted tariffs on Chinese imports and upgraded the trade war into a technology war, according to Global Times China. It not only undermines bilateral economic interests and the global industrial chain, but also brings huge challenges to the world's technological advances and human development. The US has pushed a negotiation that was approaching cooperative equilibrium back to a prisoner's dilemma that could harm both sides. China has held its bottom line and stands on three issues including completely canceling the tariffs, a reasonable purchasing amount and safeguarding the country's core interests and dignity. The accusation of China's forced technology transfer made in the report lacks professional and substantial evidence. The US' use of the Section 301 investigation report as evidence for punitive tariffs on China is unsound. (news.financializer.com). As reported in the news.