Trump to call for probe of 'unfair' Chinese trade practices

Trump speaks to reporters after a security briefing at his golf estate in Bedminster New Jersey

The clothes made in North Korea are labeled "Made in China" and exported across the world, they said.

Trump, now on a 17-day working summer vacation at his golf resort in New Jersey, is returning to the White House for a day on Monday to sign this executive order directing the US Trade Representative to probe the matter.

Trump's action amounts to a request that his trade representative determine whether an investigation is needed under the Trade Act of 1974.

On Saturday, administration officials said the new trade measure was "totally unrelated" to events involving North Korea.

Gao noted that China and the United States will push forward the bilateral trade and economic relation in the basic principle of win-win cooperation and resolve differences "through dialogues and consultations". Xi urged both sides not to do anything that would aggravate tensions. During that call, Trump and Xi agreed that North Korea must stop its "provocative and escalatory behavior" and reaffirmed their commitment to denuclearizing the Korean Peninsula, according to a White House statement.

They added that the trade measure would be carried out under the rules of worldwide law and would not trigger greater conflict with China. "To make an announcement that they're going to decide whether to have an investigation on China's well-documented theft of our intellectual property is another signal to China that it is okay to keep stealing". "President Trump is committed to protect America's intellectual property and national security", the official said.

The forced sharing of intellectual property with Chinese firms has been a long-standing concern of the US business community.

"China's unfair trade practices and industrial policies including forced technology transfer and intellectual property theft harm the U.S. economy and its workers", a second administration official said. But they may not know that China is forcing and coercing American companies that operate in China to turn over their technology.

President Donald Trump is set to sign an executive order to probe China's "unfair" trade practices that harm American businesses and have an impact on its intellectual properties, a senior official said. It was not immediately clear whether he was talking about trade as the subject.

The results of three separate investigations into trade deficits and the national security threats posed by imports of steel and aluminum, initially expected by the end of June, have yet to appear.

Like the president, Lighthizer has criticized multilateral venues such as the World Trade Organization for failing to provide adequate tools to address China's economic violations.

The Section 301, which was passed in 1974 and heavily used in 1980s and early 1990s, would allow the United States president to unilaterally impose tariffs or other trade restrictions against foreign countries. -China trading relationship. But analysts have cautioned that Trump faces a huge challenge in his desire to significantly reduce the USA trade deficit with China, which a year ago stood at more than $300 billion.

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