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Trump Administration Gets Tougher with China Trade Policies

<p>President Donald Trump made it clear over the weekend&comma; that the U&period;S&period; is disappointed with China has handled the North Korea problem&period;&nbsp&semi;<&sol;p>&NewLine;<p>Now&comma; the Trump administration is planning to take a stricter stance on U&period;S&period; trade laws that impact China&period;&nbsp&semi;<&sol;p>&NewLine;<p>Although China&&num;8217&semi;s lack of action in regards to North Korea and its irresponsible nuclear missile program caused Trump to publicly blast the country on Twitter this weekend&comma; the stricter trade policy enforcement has to do with complaints from U&period;S&period; businesses&period;&nbsp&semi;<&sol;p>&NewLine;<p>A senior Chinese official also said that there is no connection between the China-U&period;S&period; trade and North Korea&&num;8217&semi;s nuclear missile program&period;&nbsp&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;The U&period;S&period; is considering using rarely invoked U&period;S&period; trade laws to fend off China&rsquo&semi;s demands that foreign companies share their technology in return for access to the country&rsquo&semi;s vast market&comma;&&num;8221&semi; writes&nbsp&semi;<em>Fox News&period;<&sol;em>&nbsp&semi;&&num;8220&semi;The move is prompted by discontent among U&period;S&period; businesses&comma; which have grown frustrated with China&rsquo&semi;s trade and market access practices&comma;&nbsp&semi;<em>The&nbsp&semi;Wall Street Journal<&sol;em>&nbsp&semi;reported&period;&&num;8221&semi;<&sol;p>&NewLine;<div>These policies&comma; in particular&comma; have helped to propel China as a global leader in the technology space&period; In the past&comma; the U&period;S&period; has rarely imposed sanctions or penalties&period;&nbsp&semi;<&sol;div>&NewLine;<div>&nbsp&semi;<&sol;div>&NewLine;<div>&&num;8220&semi;A source familiar with the U&period;S&period; discussions said the Trump administration planned to employ Section 301 of the Trade Act of 1974&comma; which allows Washington to investigate China&rsquo&semi;s trade practices and&comma; within months&comma; raise tariffs on imports from China&comma; or impose other sanctions&comma;&&num;8221&semi; writes&nbsp&semi;<em>Fox News&period;&nbsp&semi;&&num;8220&semi;<&sol;em>Section 301 was used frequently in the 1980s to combat Japanese imports of steel&comma; motorcycles and other items&comma; but less frequently after the World Trade Organization was founded in 1995&comma;&nbsp&semi;<em>Reuters<&sol;em>&nbsp&semi;reported&period;&&num;8221&semi;&nbsp&semi;<&sol;div>&NewLine;<div>&nbsp&semi;<&sol;div>&NewLine;<div>But now&comma; the government is planning to launch a new investigation or probe on China about its alleged &ldquo&semi;forced technology transfer policies and practices&period;&rdquo&semi;&nbsp&semi;<&sol;div>&NewLine;<p>Earlier this week&comma; the U&period;S&period; Commerce Secretary Wilbur Ross wrote an article criticizing China for &ldquo&semi;formidable non-tariff trade barriers&period;&rdquo&semi; He also said the U&period;S&period; and China are making progress on other fronts&period;&nbsp&semi;<&sol;p>&NewLine;<div>&NewLine;<p>&&num;8220&semi;For 14 years&comma; American beef producers have been trying to get their product into China on an unfettered basis&period; In less than 100 days&comma; we got it in&period; And that first beef will literally be leaving in about 10 days&period; The same is true for some other things&period;&nbsp&semi;Those were the easier deliverables&period; We&rsquo&semi;re now working on another list&period; We generally have two conference calls a day&comma; one early in the morning our time and one late at night with the Chinese&period; That&rsquo&semi;s five&comma; six&comma; seven days a week&comma;&&num;8221&semi; said Ross to&nbsp&semi;<em>The Wall Street Journal&period;<&sol;em>&nbsp&semi;&&num;8220&semi;The whole fabric of these discussions is different from prior ones&period; We aren&rsquo&semi;t interested in great long-winded debates and big ceremonial meetings and big proclamations that have no teeth&period; We&rsquo&semi;re interested in very specific&comma; very tangible achievements&period; And we&rsquo&semi;re finding a very&comma; very sensible give-and-take with the Chinese right now&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Officials have yet to announce that they will be imposing more penalties with or without the World Trade Organization&period;&nbsp&semi;<&sol;p>&NewLine;<p><strong>Editor&&num;8217&semi;s note&colon;<&sol;strong>&nbsp&semi;China uses its open markets to steal ideas from the U&period;S&period; and starts manufacturing the same thing&period; Earlier this month&comma;&nbsp&semi;billionaire business magnate Guo Wengui exposed China for &&num;8220&semi;offensive spying&&num;8221&semi; on military technology&comma; in particular&period;&nbsp&semi;The U&period;S&period; companies stay in the game because of the competition&comma; but they&&num;8217&semi;re not just competing with other U&period;S&period; companies&period; French&comma; German&comma; and Japanese companies are also competing and they may be willing to take the risk of revealing their technology&period; The French government was once caught using their intelligence services to break into a U&period;S&period; businessman&&num;8217&semi;s hotel to steal his negotiating strategies on a bid for a nuclear power plant&period;&nbsp&semi;China&&num;8217&semi;s technology boom is largely based on stolen secrets&period; Their intelligence apparatus in the U&period;S&period; is vast and aims at businesses&comma; not government&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div>&nbsp&semi;<&sol;div>&NewLine;

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