WASHINGTON—The Trump administration will levy tariffs on tens of billions of dollars of Chinese imports, alongside restrictions on technology transfers and acquisitions by Beijing, moving to pressure China to curtail what the U.S. considers unfair trading and investment practices.
On trade, “We have one particular problem, and I view them as a friend. … And that’s China,” President Donald Trump said Thursday, adding that America has an “out of control” trade deficit with the country.
...