Capitol Report: Why Americans won’t pay more for Chinese imports soon, despite Trump’s harder line

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Americans buy hoards of cheap Chinese-made goods each year, such as inexpensive cell phones.

Each year Americans buy more than $460 billion in often cheaply priced goods made in China, such as toys, clothes, cell phones, laptops, TVs and solar panels. That’s not going to change soon despite efforts by President Donald Trump to reduce the nation’s economic reliance on China.

Trump on Monday signed several orders to investigate whether American companies are coerced into giving Chinese firms access to valuable technology or patents for the price of doing business in the fast-growing Asian giant. American firms have complained about forced technology transfers or intellectual-property theft for years.

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