Trump has suggested that he would go easier on China if it were more forceful in getting North Korea to rein in its nuclear weapons program. They were not authorized to publicly discuss the private call and spoke on condition of anonymity. It was not immediately clear whether he was talking about trade was the subject.
U.S. businesses are often forced to create joint ventures with a Chinese partner and turn over valuable technology assets, a practice the White House claims stymies USA economic growth.The latest review will be conducted by the United States trade representative under the Trade Act of 1974.
Despite Mr. Trump's promises to be tougher than previous presidents on trade, his administration has proceeded with high levels of caution. If an investigation begins, the USA government could seek remedies either through the World Trade Organization or outside of it. "What they may not know is that China is also forcing and coercing American companies that operate in China to turn over their technologies".
As a prime example of what the officials called China's "unfair trade practices", they objected that the country requires American businesses that want to operate there to form joint ventures with state-run companies and share intellectual property with them.
As the crisis has unfolded, Trump has alternated praising China for its help and chiding it for not ratcheting up pressure on its Asian neighbor.
The decision will not only take action against alleged Chinese violations of USA companies' intellectual property rights, but could also be perceived as an attempt by the US government to crank up the pressure on Beijing to rein in North Korea.
The trade investigation is expected to be only one part of a multi-pronged push by the Trump administration to counter perceived Chinese trade abuses, which Trump frequently railed against as a candidate. "And I think China will do a lot more".
"President Trump and President Xi agreed North Korea must stop its provocative and escalatory behavior", the statement said. Xi sought to lower the temperature after Trump's vow to rain down "fire and fury" on North Korea, urging restraint and a political solution. -China trade ties and of resolving differences "through dialogue and consultation".
Since the World Trade Organization (WTO) was established in 1995, the USA has not imposed any trade investigations or sanctions based on Section 301 because that kind of unilateral action violates WTO rules requiring trade disputes among its members to be addressed on the WTO platform.
Fearing that Taiwan could be hit by retaliatory actions by Washington if it finds forced technology transfers or intellectual property theft by China, Bureau of Foreign Trade Director-General Yang Jen-ni (楊珍妮) said Sunday the agency will carefully assess the situation as soon as U.S. President Donald Trump orders the probe. He said it would be premature to speculate on actions that could eventually be taken against China, and added that the issue could be resolved through "negotiated agreement".
A 2013 report by a commission co-chaired by Jon Huntsman, ambassador to China under President Barack Obama and Trump's nominee to be Russian envoy, pegged the losses from USA intellectual property theft at hundreds of billions of dollars annually that cost the USA economy millions of jobs.
The results of three separate investigations into trade deficits and the national security threats posed by imports of steel and aluminum, initially expected by the end of June, have yet to appear.