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U.S. Moving to Confront China on Trade, Industrial Policy
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wsj.comWASHINGTON—The Biden administration is preparing to confront China on its industrial subsidies and seek ways to protect America’s edge in new technologies, hardening U.S. economic policy toward the nation’s chief global rival.
U.S. efforts to be rolled out in coming months could include a new investigation into Beijing’s support for sectors it considers strategic, using Section 301 of the Trade Act, according to people familiar with policy discussions.
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