Trump to order investigation into China's trade practice

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United States president Donald Trump and French President Emmanuel Macron spoke by phone on Saturday and agreed to work together on a crisis on the Korean Peninsula, the White House said in a statement.

Trump's action amounts to a request that his trade representative determine whether an investigation is needed under the Trade Act of 1974.

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".

Reuters cited USA senior administration officials as saying on Saturday that President Trump will order his top trade adviser on Monday to determine whether to investigate Chinese trade practices that force US firms operating in China to turn over intellectual property. "The previous three presidents were not able to find an adequate solution [to the North Korea crisis], so he can't be blamed for all this".

The Chinese policies of an American company to enter into a join venture with a Chinese company to do business is "not fair", the official said.

Trump is expected to return to Washington from his golf club in Bedminster, N.J. on Monday to sign the memo.

And then on Thursday, when speaking with reporters, Trump said in relation to North Korea, "if China helps us, I feel a lot differently toward trade". Xi, in his phone conversation with Trump, urged calm.

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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 United States economy millions of jobs.

"At present, relevant parties should exercise restraint and avoid words and actions that would escalate tensions on the Korean Peninsula", Xi said, according to the statement provided by China's government. China is the North's biggest economic partner and source of aid, but says it alone can't compel Pyongyang to end its nuclear and missile programs.

The process Lighthizer will initiate, under Article 302b of the US Commercial Code, could take as long as a year to yield its findings.

-China trade ties and of resolving differences "through dialogue and consultation". This past week, Trump said he could soften his views on trade if China stepped up its assistance, leading to speculation that the investigation could be a negotiating tactic.

Apple, which has a turnover of more than $30 billion a year in China, is now subject to several measures taken by Beijing that hinder its activities in the country.

President Donald Trump, six months into his presidency and facing simmering tensions in Asia, has not only ignored his predecessors, he's rekindled his deep-seeded animosity for the man who handed him the nuclear codes.

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