Trump administration mulls additional economic options on China as trade talks resume: report

Trump administration mulls additional economic options on China as trade talks resume: report
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The Trump administration is discussing ideas for further economic crackdowns on China in order to get the world's second-largest economy to redesign its trade deal with the U.S.

The options include advancing the White House's strategy beyond tariffs toward subduing Chinese access to U.S. markets, The New York Times reported.

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Chinese and American officials are scheduled to meet Thursday to make another attempt at trade negotiations, and the countries are expected to come up with a limited trade deal, according to the Times report.

The New York Times obtained a White House memo revealing a number of actions being considered against China.

The memo, written by Michael Pillsbury, a China scholar at the Hudson Institute, offered plans for China and its people to be held liable for financial disclosure violations, to loosen the rules that get Chinese companies blacklisted and to request public and private pension funds and university endowments from specific Chinese investments.

Other floated ideas include forming a deeper connection between the U.S. and Taiwan and stopping capital movement between Hong Kong and China. 

The president has placed tariffs on $360 billion worth of Chinese goods, but some administration members say they would scale back parts of the tariff if China makes some agreements, according to the Times. But China has fought back on American requests.

Pillsbury declined to comment to the Times, but said, "It appears tariffs alone are not enough, but we also need to meet some of the Chinese demands to get the kind of deal the president wants."

The trade war has been a central issue throughout Trump's presidency, and more tariffs are scheduled to go into effect next week.

The Hill has reached out to the White House for comment.