The Trump administration announced Saturday that it is planning to launch an investigation into Chinese intellectual-property violations that could result in severe trade penalties, an escalation that presents both opportunities and risks at a time when the United States needs China's help to contain the North Korean nuclear threat. They were not authorized to publicly discuss the private call, and spoke on condition of anonymity. Responding to a question, a senior administration official said many other countries are facing similar problem with respect to China. American companies "should not be forced or coerced to turn over the fruits of their labour", the official said, adding that the cost of intellectual theft on U.S. economy is estimated to be as high as Dollars 600 billion a year.
"I think China can do a lot more", Trump told reporters on Thursday.
Gao noted that China and the U.S. will push forward the bilateral trade and economic relation in the basic principle of win-win cooperation and resolve differences "through dialogues and consultations".
The visit to the region by President Donald Trump's top military adviser underlines heightened tensions after a week in which North Korea's Kim Jong-Un and the USA leader exchanged threats.
"Our government must not drag our country into any military action over the Korea crisis, including joint exercises". Dialogue, negotiations and a political settlement are the fundamental ways of solving the Korean Peninsula's nuclear issue, Xi said during the call, according to China's CGTN state television network. "President Trump is committed to protect America's intellectual property and national security", the official said.
Mr. Trump, who will interrupt a 17-day working vacation to make a day trip to Washington for the trade announcement, had been expected to seek a so-called Section 301 investigation earlier this month, but an announcement was postponed as the White House pressed for China's co-operation on North Korea.
The forced sharing of intellectual property with Chinese firms has been a long-standing concern of the USA business community.
Alleged intellectual property theft by China has been an issue of particular concern to Silicon Valley.
Trump has requested similar inquiries on trade, but the reports haven't been delivered on deadline.
The executive memo Trump is expected to sign on Monday will direct U.S. Trade Representative Robert Lighthizer to look into whether his office should open an investigation into China's trade policies and whether they abide by the U.S. Trade Act of 1974.
Similarly, the president also asked for a review about whether steel and aluminum imports were jeopardizing national security.