The President of the United States Donald trump is preparing to initiate the investigation against China on charges of violation of the rights of U.S. intellectual property and technology transfer. On Friday, August 11, reports Politico.
The newspaper’s sources in the presidential administration reported that trump will do it on Monday. Investigation under article 301 of the trade Act of 1974 will U.S. representative for trade negotiations Robert Leitheiser. This article allows Washington to unilaterally establish barriers to export products into the country.
It is noted that the initiation of an investigation does not entail immediate use of sanctions restrictions in relation to Beijing. However, sources Politico admit that in the future duty on the import of Chinese goods in the United States will be increased.
July 31, Politico reported early development advisors trump restrictive measures against China. Measures may relate to the sphere of trade. The owner of the White house in favour of the introduction of quotas or tariffs on steel imports from China.
29 Jul Donald trump wrote on his Twitter that he is “very disappointed” by the omission of China in dealing with the problem of North Korea. “Our previous foolish leaders allowed the Beijing annually earn hundreds of billions of dollars in trade, and while China did nothing for us in the issue with North Korea, just talk,” said he. According to the American leader, China “can easily solve the problem” of North Korea.