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USTR finds China’s shipbuilding dominance hurts US, is actionable

Summary by WTVB
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Thursday said it has found China’s targeted dominance of the global shipbuilding, maritime and logistics sectors is “unreasonable” and is “actionable” under U.S. trade law. The findings of a USTR probe, first reported by Reuters on Tuesday, did not include a specific recommendation of penalties against Beijing, leaving next steps up to President-el…
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