ibusinesslines.com
ibusinesslines.com August 21, 2017


Taiwan concerned by U.S. plan for unfair trade probe against China

13 August 2017, 04:43 | Erica Roy

Taiwan concerned by U.S. plan for unfair trade probe against China

Taiwan concerned by U.S. plan for unfair trade probe against China

That statement didn't mention the executive action, but said the leaders discussed North Korea policy and Trump's visit to China later this year.

The investigation, which one USA official said could take as long as a year, may prove to be a source of leverage to push China to do more to help contain a rising security threat from North Korea, which counts Beijing as its only powerful ally.

"In light of the ongoing standoff between the United States and North Korea, as well as President Trump's reckless words, I ask that you immediately call the House of Representatives back into session to debate legislation prohibiting the USA from conducting a pre-emptive nuclear strike without prior Congressional authorization", he said. Trump made addressing the U.S. trade deficit with China a centre-piece of his campaign previous year and has suggested raising tariffs on goods from China.

Dialogue, negotiations and a political settlement are the fundamental ways of solving the Korean peninsula's nuclear issue, Xi said during the call, according to China's CGTN state television network.

Cicilline urged the Trump administration to exhaust all diplomatic options before resorting to military force.

US President Donald Trump, left, and Chinese President Xi Jinping at the G20 summit in Hamburg last month. The Trump administration is insisting the move isn't tied to heightening tensions with North Korea, but it is inherently connected to complications in the region.


When asked about the delay, the dministration officials did not address the question directly.

"These are two different things", the official said, speaking to reporters on a conference call.

The forced sharing of intellectual property with Chinese firms has been a long-standing concern of the United States business community.

Michael Wessel, a commissioner on the US-China Economic and Security Review Commission, called the measure "a critical action, and long overdue". Many US businesses must create joint ventures with Chinese companies and turn over valuable technology assets, a practice that Washington says stifles US economic growth.

Fearing that Taiwan could be hit by retaliatory actions by Washington if it finds forced technology transfers or intellectual property theft by China, Bureau of Foreign Trade Director-General Yang Jen-ni (楊珍妮) said Sunday the agency will carefully assess the situation as soon as U.S. President Donald Trump orders the probe.

It's unclear whether any actual repercussions for China, like sanctions or tariffs, would come from an investigation like this, and officials said there is no timeline for how long an investigation would take.



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