Amid renewed North Korea tensions, China appoints new special envoy

15 August 2017, 12:13 | Santos Harmon

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The officials said that matter, and the trade issue, are not linked.

China's Xi Jinping urged President Trump to try further diplomacy after a recent exchange of harsh words with Kim Jong-un that resulted in threats against Guam, and now he's going along with the United Nations sanctions that Trump lobbied for him to support. If an investigation begins, the US government could seek remedies either through or outside of the World Trade Organization.

Many experts have voiced concerns over the USA government's plan to invoke Section 301, a trade tool frequently used by Washington before the World Trade Organization (WTO) came into existence. The New York Times reports that he is going to follow through on calling for an investigation into whether China violated intellectual property agreements.

While Beijing has promised to open more industries to foreign companies, it also has issued new rules on electric vehicle manufacturing, data security, internet censorship and other fields.

The measure would seek to address what the USA business community has described as flagrant trade violations by China, which employs a variety of rules and practices to wall its market off from foreign competition and pressure United States companies to part with valuable product designs and trade secrets - or to steal them outright.

But last week, he indicated he could lighten up on his stance on China's trade practices if Beijing helps with the North Korean threat.

The President plans to sign an executive memorandum on Monday, directing his top trade negotiator to determine whether to investigate China for harming intellectual property, innovation and technology, senior administration officials said. Trump's latest move does not mean any immediate sanctions on China as is being reported by some media outlets, but might lead to one at the end of the investigation which could take as long as a year.

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Trump complained in July that trade between the two nations had increased by almost 40 per cent in the first quarter.

But there are some fears at the studio level that a deteriorating USA trade relationship with China could ultimately hinder efforts to expand theatrical releases in the massive market, among other moves.

China's Foreign Ministry said on Monday the issues of US trade and North Korea are not connected and there is no future in a trade war between China and the United States.

Similarly, the president also asked for a review about whether steel and aluminum imports were jeopardizing national security. "But if China helps us, I feel a lot differently toward trade - a lot differently toward trade".

The China Daily said it was unfair for Trump to put the burden on China for dissuading Pyongyang from its actions.



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