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Trump to launch investigation into China's trade practice

Trump to launch investigation into China's trade practice

"It's not going to continue like that", Trump said from his golf club in Bedminster, N.J.

The Trump administration announced Saturday it is planning to launch an investigation into Chinese intellectual-property violations that could result in severe trade penalties, an escalation that presents both opportunities and risks at a time when the United States needs China's help to contain the North Korean nuclear threat.

Officials at the White House and the US Trade Representative's Office were not immediately available for comment. "The action being taken on Monday is a reflection of the president's firm commitment to addressing this problem in a firm way".

"It's not easy and it can't be done quickly, but it requires serious effort and continual engagement", said Bown, referring to major issues including trade disputes plaguing U.S.

But the high-profile announcement the administration is planning carries symbolic as well as practical ramifications, and serves to ratchet up trade pressure on Beijing amid a deepening foreign policy crisis.

Trump has been trying for months to get China to exert more pressure on North Korea, but has recently expressed frustration with the lack of progress.

Under Section 301, USTR may determine whether to trigger an investigation of "any".

The administration official who confirmed that Trump would sign the order contended it was unrelated to the showdown with North Korea.




"I think China can do a lot more", Trump told reporters Thursday. American companies "should not be forced or coerced to turn over the fruits of their labour", the official said, adding that the cost of intellectual theft on U.S. economy is estimated to be as high as United States dollars 600 billion a year.

Additional evidence of a connection between the trade action and the North Korea crisis comes from the fact the executive memorandum Trump will sign on Monday was originally expected more than a week ago. While China joined in a unanimous United Nations Security Council decision to tighten economic sanctions on Pyongyang over its long-range missile tests, it is not clear whether Mr Trump thinks Beijing is doing enough. "Numerous concerns about IP-related antitrust enforcement have been focused on China", the FTC statement said. "This is simply business between two countries".

USA officials will particularly examine the role of joint ventures, the mixed foreign-and-Chinese companies whose establishment is required for any outside business wishing to sell its products in China. "What they may not know is that China is also forcing and coercing American companies that operate in China to turn over their technologies". "The current trajectory is unsustainable". In addition to this joint venture they are asked to turn over intellectual property or other propriety information.

The trade investigation could strain relations between the USA and China as the two countries wrestle with the unpredictable situation over North Korea.

Sun said there were two kinds of Taiwanese products that could be hurt by possible trade sanctions, the most obvious being goods assembled in China before they are shipped to the U.S.

The president's trade action will be a long way from any punitive move against China, despite his and his advisors' open talk of Chinese "theft" and "stealing" of US companies' intellectual property, which broadly includes technological innovations, film and other artistic products, industrial designs and military secrets.

Should Lighthizer decide to launch such an investigation, "he will have at his discretion broad powers to use all applicable measures, including, but not limited to, Section 301 of the Trade Act of 1974, which provides a basis for addressing technology transfer practices that may be harming the US economy, exports and American jobs", an administration official said.


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