President Trump was expected to sign a memorandum Friday targeting China’s trade practices, and directing his trade representative to launch an investigation into China’s alleged intellectual property theft.
However, the White House said the move has been postponed, but did not give a reason or a new date.
The memo would allow the president to unilaterally impose tariffs and other trade restrictions in order to protect U.S. industries.
President Trump has been weighing a crackdown on China as Beijing fails to take his advice to put more pressure on North Korea.
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| A man pushes a stroller past a magazine advertisement featuring U.S. President Donald Trump at a news stand in Shanghai, China. U.S. media reported Wednesday, Aug 2, 2017 that the administration of President Donald Trump is considering using rarely invoked U.S. trade laws to compel China to crack down on theft of copyrights, patents and other intellectual property and fend off technology sharing demands from Beijing. (Chinatopix Via AP, File) |
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