America Targets Forced Labor--Gives Economic Advantage
That's probably the only reason why they care too, lol...It creates an unfair economic advantage--and that's it!
(Newsquawk) "Furthermore, it was reported that the US administration will engage with allies to combat forced labour including in China and will examine how the Treasury, Commerce Department and USTR can work together to deter currency intervention for trade advantage and is to pursue all available tools to address China's unfair trade practices from excess capacity to coercive technology transfers."
See, we've just displayed a clear economic incentive to stop forced labor. More proof capitalism is the answer to all the world's problems.
Just kidding lol ;)
(Newsquawk) "Furthermore, it was reported that the US administration will engage with allies to combat forced labour including in China and will examine how the Treasury, Commerce Department and USTR can work together to deter currency intervention for trade advantage and is to pursue all available tools to address China's unfair trade practices from excess capacity to coercive technology transfers."
See, we've just displayed a clear economic incentive to stop forced labor. More proof capitalism is the answer to all the world's problems.
Just kidding lol ;)