Trump to request possible probe of China trade practices

Trump to call for China IT trade probe on Monday: Politico

President Trump is planning to ask his staff to consider investigating Chinese trade practices, senior White House officials said Saturday. Many U.S. businesses must create joint ventures with Chinese companies and turn over valuable technology assets, a practice that Washington says stifles U.S. economic growth. Under Section 301, USTR may determine whether to trigger an investigation of "any". If an investigation begins, the US government could seek remedies either through the World Trade Organization or outside of it.

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.

It wasn't immediately clear how China would react to the move. The official spoke on condition of anonymity to discuss the order before Trump's formal announcement.

President Trump plans to get tougher on trade with China. "They know how I feel", Trump told reporters on Thursday.

The measure would seek to address what the US business community has described as flagrant trade violations by China, which employs a variety of rules and practices to wall its market off from foreign competition and pressure USA companies to part with valuable product designs and trade secrets - or to steal them outright.

It seems like China may not help North Korea if the North decides to attack the US first.

President Trump and Chinese President Xi Jinping meet on the sidelines of the Group of 20 Summit last month in Hamburg.

China urged the United States and North Korea on Friday to be "cautious" with their words and actions after the two sides stepped up their bellicose rhetoric over Pyongyang's weapons programme.

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Trump, in the past, has tied trade policy to national security.

In the past week Donald Trump has retweeted his threats to rain down fire and fury, boasted about the readiness of his nuclear army and told a nation his "military solutions" were "fully in place, locked and loaded, should North Korea act unwisely".

If the investigation finds that China is harming US companies, the Trump administration could respond by imposing tariffs, negotiating an agreement with China, or other measures, the officials said.

In addition to the U.S., the European Union, Japan, Germany and Canada have all expressed concern about China's behaviour on IP theft.

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.

Trump has requested similar inquiries on trade, but the reports haven't been delivered on deadline.

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.