U.S. takes aim at China shipbuilding, an industry it lost decades ago
The U.S. last month began an investigation of China's dominant shipbuilding industry, a move that heaps more pressure on China as the countries' trade battle extends beyond technology and into the manufacturing sector.
Following a petition from five labor unions, Katherine Tai, the U.S. trade representative (USTR), announced on April 17 the so-called 301 probe into China's practices in maritime equipment, logistics and shipbuilding. A public hearing is set for May 29. This marks the first industry-specific investigation by the Biden administration under Section 301 of the U.S. Trade Act of 1974 -- a tool that allows the government to enforce trade agreements and impose sanctions on nations violating norms of international commerce.