Socio-Economics History Blog

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US President Orders Probe into China Trade Ties

  • Published on Aug 15, 2017
    The US President has signed an executive order to launch a probe into whether China’s actions are harming the intellectual property of American companies. Donald Trump says the move is aimed at fulfilling his campaign promise regarding the country’s trade with China. Trump said Washington will combat QUOTE counterfeiting and piracy that destroy American jobs. He also pledged to safeguard copyrights, patents, trademarks and trade secrets from now on. The American president warned of retaliatory actions to preserve the future of U-S industry. China has already warned Washington about the consequences of a trade war, saying everybody would be affected. On Monday, a Chinese Foreign Ministry Spokesperson said the two countries should work together for the stable and sound development of economic relations.

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August 16, 2017 - Posted by | Economics | , , ,

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