Trump to announce trade sanctions against China for intellectual property theft


(Worthy News) – On Thursday, US President Donald Trump is set to announce new sanctions against China for stealing US intellectual property, according to a White House official.

The move comes amid heightened fears about a potential trade war over US plans to introduce tariffs on imports of steel and aluminum.

In 2016, total trade between the United States and China reached $579 billion (€468 billion) with Chinese imports of US goods totaling $115.8 billion and US imports of Chinese goods at $462.8 billion. Only the 28-member EU saw more trade with the United States in 2016. Last year the US ran a $375 billion trade deficit with China, though US exports to China also hit a new record high.

US Federal Reserve Chairman Jerome Powell called the prospect of a trade war a growing threat to the United States. [ Source: Deutche Welle (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Related News Items:

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News