Trump to Request Possible Probe of China Trade Practices
00:11, Aug 15, 2017
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In Beijing, the official state run newspaper, China Daily, said that the move was a "rash" decision.
"We will combat the counterfeiting and piracy that destroys American jobs", Trump said in brief remarks at the White House.
Since the World Trade Organization (WTO) was established in 1995, the US has not imposed any trade investigations or sanctions based on Section 301 because that kind of unilateral action violates WTO rules requiring trade disputes among its members to be addressed on the WTO platform.
Regional tensions have soared in the past week as Trump warned North Korea it would face "fire and fury" if it attacked the United States, while the North threatened to test-fire its missiles over Japan and towards the US Pacific island of Guam. But Trump's focus on intellectual property has been on the theft of technology and software, including so-called "forced transfers" of intellectual property as a cost of doing business in the country.
While Beijing has promised to open more industries to foreign companies, it also has issued new rules on electric vehicle manufacturing, data security, internet censorship and other fields.
"We lose hundreds of billions of dollars a year on trade with China".
In a phone call Friday, Trump praised Chinese President Xi Jinping for backing the recent United Nations vote to impose tougher sanctions on North Korea, and the leaders reaffirmed their commitment to a nuclear-free Korean Peninsula.
China's policy of forcing foreign companies to turn over technology to Chinese joint venture partners and failure to crack down on intellectual property theft have been longstanding problems for US administrations.
"We will no longer allow this to continue". -China trade, the USA side should also see China's notable progress in protecting intellectual property, said Kuhn.
If the United States were to engage in such an act, Parker thinks China or Russian Federation would introduce a U.N. Security Council resolution to restrain the US.
"Focus on trade and military", Trump said on Twitter in reference to the upcoming announcement.
Wu visited Pyongyang in February previous year, urging restraint after North Korea announced a plan to put a satellite into orbit with a long-range rocket.
WASHINGTON―US President Donald Trump will sign a memorandum Monday that could lead to sanctions against China over its intellectual property practices, administration officials said Saturday.
Despite Trump's previous comments, officials at the briefing repeatedly rebuffed any attempt by reporters to connect the possible investigation to the North Korea situation.
Trump was reported to direct U.S. Trade Representative Robert Lighthizer to determine if an investigation is warranted of "any of China's laws, policies, practices or actions that may be unreasonable or discriminatory, and that may be harming American intellectual property, innovation and technology".
Similarly, the president also asked for a review about whether steel and aluminum imports were jeopardizing national security.
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