Swordsmyth
08-14-2017, 02:19 PM
Today at 3pm, President Trump signed a memo addressing “China’s laws, policies, practices, and actions related to intellectual property, innovation, and technology” effectively firing the first shot in what many predict will blossom into an all-out trade war with China.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/trump%20trade%20war%20start_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/trump%20trade%20war%20start.jpg)
As discussed over the weekend (http://www.zerohedge.com/news/2017-08-12/trump-warns-xi-trade-war-china-begins-monday), administration officials said Saturday that memo will direct U.S. Trade Representative Robert Lighthizer to consider investigating China over its IP policies, especially the practice of forcing U.S. companies operating in China to transfer technological know-how.
And sure enough, during the signing ceremony, Trump said he is directing USTR to examine China's actions on theft of American intellectual property. He said the U.S. will enforce the rules of fair and reciprocal trade.
More at: http://www.zerohedge.com/news/2017-08-14/watch-live-trump-launches-trade-war-china-signing-memorandum-chinese-ip-laws
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/trump%20trade%20war%20start_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/trump%20trade%20war%20start.jpg)
As discussed over the weekend (http://www.zerohedge.com/news/2017-08-12/trump-warns-xi-trade-war-china-begins-monday), administration officials said Saturday that memo will direct U.S. Trade Representative Robert Lighthizer to consider investigating China over its IP policies, especially the practice of forcing U.S. companies operating in China to transfer technological know-how.
And sure enough, during the signing ceremony, Trump said he is directing USTR to examine China's actions on theft of American intellectual property. He said the U.S. will enforce the rules of fair and reciprocal trade.
More at: http://www.zerohedge.com/news/2017-08-14/watch-live-trump-launches-trade-war-china-signing-memorandum-chinese-ip-laws