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Trump Moves To Crack Down On Chinese Intellectual Property Practices

Trump Moves To Crack Down On Chinese Intellectual Property Practices

An investigation by Lighthizer could possibly lead to tariffs against China and action through the World Trade Organization.

The statement Friday does not mention any specific actions China would be willing to take, although some Chinese scholars and state media have called on Beijing to take on a shuttle diplomacy role to facilitate talks between the US and North Korea.

"North Korea best not make any more threats to the United States".

President Trump plans to get tougher on trade with China.

China, North Korea's most important ally and trading partner, has reiterated calls for calm during the current crisis.

And on Friday, Trump tweeted the USA military is indeed ready, describing it as "locked and loaded, should North Korea act unwisely".

U.S. President Donald Trump will call on Monday for his chief trade adviser to investigate China's intellectual property practices, website Politico reported, citing an unnamed administration official.

When reports of the potential trade investigation first emerged more than a week ago, China's Commerce Ministry stressed the importance of U.S.

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Friday morning, Trump tweeted that US military solutions were "locked and loaded" in case North Korea followed through on its threat.

"We would like to emphasize that the Chinese government has always attached importance to intellectual property protection", a spokesman said.

Secretary of Defense Jim Mattis told reporters Thursday the U.S.is focused on a diplomatic approach to the North Korean threat but that it's his job to have military options ready if they're needed.

Trump, who has been residing at his golf club in Bedminster, New Jersey, for the past week, plans to return to Washington on Monday to officially announce the trade investigation.

In addition to the USA, the EU, Japan, Germany and Canada have all expressed concern about China's behavior on intellectual property theft. "And I think China will do a lot more".

The administration has been eyeing other moves to rebalance the U.S.

The United States has previously complained at the WTO about Chinese trade policies, including its "Made in China 2025" initiative, which seeks to have Chinese-made materials account for 70 percent of manufacturing inputs within the next eight years. -China trading relationship. But analysts have cautioned that Trump faces a huge challenge in his desire to significantly reduce the US trade deficit with China, which a year ago stood at more than $300 billion.


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