Posted on 08/02/2017 2:59:46 PM PDT by springwater13
President Trump will give a speech at the White House on Friday, and will sign a memo directing his trade representative to go after Chinese theft of intellectual property and the way U.S. companies are forced to share technology with Chinese firms, as Axios scooped yesterday. Administration officials say Trump is doing this because of complaints he's heard from Silicon Valley executives saying Chinese IP theft is one of their biggest challenges (Peter Thiel was involved in crafting this new step). What happens next: About a week after Trump's announcement, the U.S. Trade Representative, Robert Lighthizer, is expected to announce that he's initiating an investigation into unfair Chinese trade practices using a rarely-used tool, section 301 of the Trade Act of 1974. The investigation paves the path to the U.S. taking potentially aggressive retaliatory actions against China such as tariffs on Chinese imports or rescinding licenses for Chinese companies wanting to do business in the U.S. Keep reading 188 words
Context: Chinese IP theft has long been an issue for some tech companies like Microsoft. It's also a major issue for agriculture and manufacturing - and any sector that has proprietary information related to their production practices. U.S. administrations and companies have been wary about publicly confronting the Chinese government, preferring to do things behind closed doors and in a more diplomatic approach.
(Excerpt) Read more at axios.com ...
Are we going to start a trade war with China just when we need their help — or at least their neutrality — in a fight with N. Korea?
Looks like China is not holding up to its end of the North Korea deal. Now President Trump is going to get tough with China.
Should he do like past Presidents did and just shrug his shoulders and give China MFN status again?
Vee put you on ze train to ze countryside..!
This.
Trump tried the carrot with China by back peddling on his campaign promise to get tough. When China left him hanging on Korea Trump decided a few good whacks with a very big stick were in order.
We already know China will do nothing to restrain their rabid dog. This is payback for them doing nothing. They had the carrot, now the sticks come...light at first, heavier later.
China is running a SCAM:
So suddenly the Nork missiles get long legs..?
And at just the time China requires US “understanding” on the South China Sea matter...?
Come on..!
They’re LINKED...!
China is running a SCAM.
They’re pumping up NK to gain leverage elsewhere.
When we oh-so-badly need China Daddy to send Junior to bed without any dessert we end up distracted from something else.
DT ain’t taking the bait, this time, I think.
This could be improved. Add tariffs on Chinese imports, or containing made-in-China parts, to recover unpaid royalties for all the many years of Chinese pirating of software and patents (including interest) with that tariff revenue to be distributed to the victims. THAT would drum up support from expected quarters - think of how Microsoft would like to get back royalties, with interest, of all the pirated copies of Office and Windows sold in China since about 1994. Etc.
Not sure. Hope we do gets a heads-up when that happens so I can go to cash.
They aren’t helping anyway. At least if we do a trade war then we can back off if they agree to help with the Norks. If not they can deal with the fallout of the Norks overrunning the border.
“Trump tried the carrot with China by back peddling on his campaign promise to get tough. When China left him hanging on Korea Trump decided a few good whacks with a very big stick were in order.”
I agree with your assessment.
Damn right we are. Screw North Korea and China as well.
Ping. Just thought you’d be interested...
Bargaining chip...Trump knows what he’s doing...
His timing is impeccable...
I agree. I believe it is a mistake to consider NK and China a two separate parties. They are more or less working together in my opinion.
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