Showing posts with label 1974 Trade Act. Show all posts
Showing posts with label 1974 Trade Act. Show all posts

Sunday, August 13, 2017

Trump Cautious on China Inquiry Over Intellectual Property Theft; New York Times, August 12, 2017

Glenn Thrush and Alan Rappeport, New York Times; Trump Cautious on China Inquiry Over Intellectual Property Theft

"Mr. Trump will return to Washington from his working vacation at his Bedminster, N.J., golf resort on Monday to sign an executive memo asking the United States Trade Representative to determine whether to investigate state-backed theft by China of intellectual property from American technology and defense companies.

The request for an investigation will focus on Beijing’s practices of coercing American companies doing business in China to partner with local firms, which require them to turn over proprietary technological secrets as part of what American officials described as a coordinated effort to steal intellectual property.

Mr. Trump’s trade advisers, speaking to reporters on a conference call early Saturday, did not say why the administration decided to add the intermediate step of requesting an investigation, rather than starting one immediately. This month, people familiar with Mr. Trump’s deliberations suggested that the administration was prepared to immediately begin an inquiry into Chinese theft under the 1974 Trade Act."