Trump Moves To Crack Down On Chinese Intellectual Property Practices

China Shows Readiness to 'Punish Anyone' Who Will Destabilize Korean Peninsula

Politico said it was not clear how much detail Mr Trump would provide in his announcement, but that officials expected US Trade Representative Robert Lighthizer to open a Section 301 probe.

Trump's threat to investigate China's intellectual property and trade practices is valid, but his administration might not be up to the delicate task of carrying out a new China probe without sparking a damaging trade war, U.S. business lobbyists said last week.

Tension between Washington and Pyongyang keeps ratcheting up as U.S. President Donald Trump and Kim Jong-un trade heated threats.

Trump informed Chinese President Xi Jinping Friday night of the upcoming memorandum, a senior administration official told CNN Friday. Lighthizer will recommend whether an official investigation into trade practices is warranted.

"President Trump is committed to protect America's intellectual property and national security", the official said.

On Friday, Mr Trump tweeted that U.S. military solutions were "fully in place, locked and loaded, should North Korea act unwisely".

New Details On Benicio Del Toro's 'Star Wars' Character Revealed
Hamill's striking blue eyes pierce through the magazine as the actor gives a strong and stoic glance ahead. In The Force Awakens he was still coming to grips with who he wanted to be.

Should an investigation find wrongdoing, Trump could impose tariffs against Chinese imports, which would mark a significant escalation in his efforts to reshape the trade relationship between the world's two largest economies. That statement didn't mention the executive action, but said the leaders discussed North Korea policy and Trump's visit to China later this year.

Speaking to MSNBC's Chris Hayes, Col Wilkerson said that the country needed to get away from the grand rhetoric that President Trump had been using and criticised the President for his words, saying that this was not the way to conduct American foreign policy, and comparing the President's approach to that of North Korea's leader.

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 USA companies' intellectual property, which broadly includes technological innovations, film and other artistic products, industrial designs and military secrets.

Used frequently during the Reagan administration in the 1980s, the law allows the U.S. president to impose tariffs and other measures to force open export markets.

"We lose hundreds of billions of dollars a year on trade with China". Lighthizer can do so under Section 302 (b) of the Trade Act of 1974, which outlines the process by which USTR can initiate an investigation "by means other than petition", a senior official told reporters on August 12.

Meanwhile, China has continued to maintain barriers that prevent USA companies from accessing its market, while adding new requirements for US companies to share technology with the Chinese state, like a recent cybersecurity law. "I've heard folks say, 'It's not going well, but a trade war would not be the best thing for us, dialogue is the better path.' And there are others who say, 'Bring it on, '" he said.

Related News:

  • See the White House as a construction zone

    See the White House as a construction zone

    A major refurbishment is under way in the White House, ordered by US President Donald Trump while he takes an extended holiday. Workers were also seen touching up steps on the South Lawn - cranes overhead - as carpets were removed from the West Wing.
    Sense of unease among Muslims in India: Hamid Ansari

    Sense of unease among Muslims in India: Hamid Ansari

    The Rajya Sabha also bid farewell to Yechury, D Bandyopadhyay of TMC and Dilip Pandya of the BJP. He also said that "a democracy is distinguished by the protection it gives to minorities ".
    Multiplayer in 'No Man's Sky' gets fans' hopes up all over again

    Multiplayer in 'No Man's Sky' gets fans' hopes up all over again

    It's been re-calibrated to give you more info and better rewards for scanning everything you see. It works "anywhere on any planet", and lets you choose from various materials, shapes and sizes.
  • US stocks slip amid heightened US-North Korea tensions

    US stocks slip amid heightened US-North Korea tensions

    ENERGY: Benchmark U.S. crude lost 15 cents to $49.02 per barrel in electronic trading on the New York Mercantile Exchange. USA crude rose 0.12 percent to $49.23 per barrel and Brent was last at $52.33, up 0.36 percent on the day.

    Tesla eyes autonomous big rig testing in Nevada

    Plans to develop the production of electric truck CEO of Tesla Elon Musk announced a year ago. With Tesla, there's always something new coming up to keep owners, buyers, and fans excited.
    Disney to Pull Content From Netflix

    Disney to Pull Content From Netflix

    That's a lot of entertainment to mine with over 70 years of movies and TV shows the company can now put into its own Mouse House. There will be one streaming service for sports and another for films and television shows, the company announced on Tuesday .
  • Elliott set to appeal six-game National Football League  ban

    Elliott set to appeal six-game National Football League ban

    The suspension comes after a year-long investigation after Elliott was accused of domestic violence by his ex-girlfriend. In most gambling establishments, the Cowboys had been the odds-on favorite to come out of the NFC.
    Will Smith Joins James Corden For The Most Nostalgic Carpool Karaoke Yet!

    Will Smith Joins James Corden For The Most Nostalgic Carpool Karaoke Yet!

    He also added, "We will navigate it as delicately as possible and just adhere to whatever wishes [the family] would want". Chester Bennington and his band, Linkin Park, filmed an episode of "Carpool Karaoke: The Series" before he died.
    Few showers, thunderstorm possible later

    Few showers, thunderstorm possible later

    Tuesday - Mostly sunny with a slight chance of showers and thunderstorms and a high in the low 80s. Saturday: Mostly cloudy, humid, scattered showers/thunderstorms (especially in the morning).
  • Facebook Watch is here to take on YouTube. Find out more details

    Facebook Watch is here to take on YouTube. Find out more details

    On the larger scale, these are great figures that can quickly outpace most competition; and when Watch gains more popularity. YouTube has a 12-year head start in attracting creators and viewers, who are watching videos daily.
    Killed in Egyptian train collision

    Killed in Egyptian train collision

    The dead and injured were initially placed on blankets by the sides of the tracks amid farmland on the outskirts of Alexandria. One of the trains was travelling from Port Said and the other from Cairo , Ahram Online said, before they crashed head-on.
    Distracted Driving Around Schools and Buses is Recipe for Disaster

    Distracted Driving Around Schools and Buses is Recipe for Disaster

    Those numbers are then reported to the National Association of State Directors for Pupil Transportation Services. In the past six years, law enforcement across the state wrote almost 9,000 stop arm violation citations.


Most liked

This could be the end for snapchat after announcing huge losses
We get used to things like Snapchat and, once they've been on our phones and in our lives for a while, we take them for granted. But to gain additional revenue from users, he said, Snapchat would have to beef up its content and rapidly improve its product.

Trump Hotel DC Has Profited Nearly $2 Million This Year
It's not the only Trump property that has benefited financially from its namesake's presidency. The hotel's management has pledged to donate proceeds from foreign officials to the U.S.

'Tell my family I love them'
Malcolm Antwan Orr, 29 was caught on an officer's eyeglass camera refusing to obey orders before whipping out a gun and firing. However, Smith suddenly noticed the man put his hand in the pocket that suggested that he was carrying a weapon.