Washington, August 13-President Donald Trump is set to sign an executive order to probe China\u2019s \u201cunfair\u201d trade practices that harm American businesses and have an impact on its intellectual properties, a senior official said on Sunday.<\/p>\n
Trump, currently on a 17-day working summer vacation at his golf resort in New Jersey, is returning to the White House for a day on Monday to sign this executive order directing the US Trade Representative to probe the matter.<\/p>\n
Trump\u2019s 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.<\/p>\n
\u201cThe President would sign an executive memorandum that directs the US Trade Representatives (USTR) Robert Lighthizer to determine if it is consistent whether to investigate any of China\u2019s laws, policies, practices or actions that make unreasonable or discriminatory or may be harming American intellectual property, innovation of technology,\u201d a senior administration official told reporters.<\/p>\n
The official said Trump informed Chinese President Xi Jinping about his executive order during their phone call last night.<\/p>\n
The investigation is being ordered under US Trade Act of 1974, which officials said permits the USTR to investigate acts, policies or practices of a foreign country to determine whether they are indeed unreasonable or discriminatory that burden or otherwise restrict US commerce.<\/p>\n","protected":false},"excerpt":{"rendered":"
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