Politics Trump moves to pressure China on trade practices

01:23  13 august  2017
01:23  13 august  2017 Source:   The Hill

Bannon departure tips trade scales in favor of White House 'globalists'

  Bannon departure tips trade scales in favor of White House 'globalists' <p>The departure on Friday of Steve Bannon, the White House's top economic nationalist, will likely tip the trade policy scales in favor of the Trump administration's "globalist" faction, which could soften the stance toward two of Trump's favorite targets: China and the North American Free Trade Agreement.</p>But after news that Trump had fired Bannon from his post as chief strategist, trade experts said it may take some time for National Economic Council Chairman Gary Cohn, Treasury Secretary Steven Mnuchin and Agriculture Secretary Sonny Perdue to start winning more debates on trade policy.

President Trump will sign an executive memorandum on Monday authorizing the U.S. trade representative to determine whether to investigate China 's intellectual property and trade practices , according to senior administration officials.

Trump is considering encouraging U.S. Trade Representative Robert Lighthizer to initiate an investigation of Chinese trade practices under The United States has pressed China to exert more economic and diplomatic pressure on North Korea to help rein in its nuclear and missile programs.

Charlottesville mayor responds to Trump: Our work is just beginning - and so is yours© Provided by The Hill Charlottesville mayor responds to Trump: Our work is just beginning - and so is yours President Trump will sign an executive memorandum on Monday authorizing the U.S. trade representative to determine whether to investigate China's intellectual property and trade practices, according to senior administration officials.

While administration officials said Saturday that it's too early to discuss specific actions against China, such an investigation could eventually pave the way for Trump to impose tariffs on Chinese goods.

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

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  Trump to seek trade probe of China amid NKorea tensions Even as he seeks Beijing's help on North Korea, President Donald Trump is poised to seek a trade investigation of China for the alleged theft of American technology and intellectual property. He is taking the step even as he seeks China’s help with the ongoing crisis with North Korea. (Saul Loeb/Pool Photo via AP, File) BEDMINSTER, N.J.

Trump is considering encouraging U.S. Trade Representative Robert Lighthizer to initiate an investigation of Chinese trade practices under The United States has pressed China to exert more economic and diplomatic pressure on North Korea to help rein in its nuclear and missile programs.

Lighthizer will recommend whether an official investigation into trade practices is warranted. Trump has been trying for months to get China to exert more pressure on North Korea, but has recently The administration has been eyeing other moves to rebalance the U.S.- China trading relationship.

CNN reported earlier Saturday that Trump spoke with Chinese President Xi Jinping about the upcoming memo during a phone call Friday.

Administration officials, however, said that that call focused on Washington's current tensions with North Korea and an official readout of the conversation provided by the White House did not mention China's trade practices.

Trump's memo comes amid heightened tensions between the U.S. and North Korea and increasing frustration in the White House that China has not done more to rein in Pyongyang.

But a senior administration official said that concerns over China's trade practices have been longstanding, and that the president's memo was unrelated to efforts to put pressure on Beijing over North Korea.

Philippines' Duterte takes swipe at US in free trade call

  Philippines' Duterte takes swipe at US in free trade call Philippine President Rodrigo Duterte on Tuesday took a swipe at the Trump administration's retreat from a major free trade deal, joining Asian nations at a forum this week in criticising rising protectionism. Until recently China and the United States were both pushing sweeping free trade deals that excluded each other.But shortly after taking office in January, US President Donald Trump withdrew from the Trans-Pacific Partnership (TPP) which he described as a "job killer". The move delivered a hammer blow to the 11 other nations who spent seven years negotiating what was billed as the world's largest trade deal.

Trump has long been a critic of Chinese trade practices but his interest in penalizing Beijing has The United States has pressed China to exert more economic and diplomatic pressure on North ROYAL BANK OF SCOTLAND GROUP : RBS makes first-half profit, may move some jobs to

China 's leader that he's preparing to order an investigation into Chinese trade practices next week, a The move could lay the groundwork for Trump to impose tariffs against Chinese imports, which Trump has being trying for months to get China to exert more pressure on North Korea, but has

While China joined the rest of the United Nations Security Council last week in voting for new sanctions against North Korea, Trump has continued to call on China to do more in regards to Pyongyang, suggesting this week that he would go easier on China if it stepped up its efforts to rein in its reclusive neighbor.

Trump was expected to sign the executive memo earlier this month, but according to Reuters the decision was delayed in order to press for China's cooperation on North Korea.


Skeptics dismiss Bannon's call for economic war with China .
<p>Steve Bannon isn't alone in pondering America's possibly generation-defining question about China's emerging superpower status — but his call for an "economic war" puts him far outside the mainstream.</p>In an interview reflecting on some of his big-thinking projects, Bannon said the country should be "maniacally focused" on a confrontation with Beijing over who will be the global "hegemon" of the next 25 to 30 years. The former Breitbart News executive — who works steps from President Donald Trump in the West Wing — told The American Prospect that "the economic war with China is everything.

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