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The call between Mr. Mnuchin and Mr. Liu, a confidante of President Xi Jinping, was the highest-level contact between the two governments since U.S. President Donald Trump announced plans for tariffs on up to $60 billion of Chinese goods on Thursday. Fears of a trade war roiled...

The investigation under the Section 301 of the 1974 Trade Act has identified theft from and coercion of USA companies to disclose their intellectual property as well as purchases by Chinese state funds of U.S. companies for their technology knowledge.