President Trump and others have accused China of actively stealing technology secrets and information.
A Chinese national with ties to the government was indicted a couple weeks ago and charged with stealing tech data, including data from GE Aviation.
Due to the theft of tech secrets and data along with unfair trade practices, President Donald Trump has levied over $200 billion in tariffs against the Chinese.
China has tried to retaliate with tariffs of their own and says they will not give in to the United States and Trump.
The Trump administration just announced that the United States will not consider any talks with China over trade, until China provides solid evidence that they have stopped the theft of tech information.
The Wall Street Journal – The U.S. is refusing to resume trade negotiations with China until Beijing comes up with a concrete proposal to address Washington’s complaints about forced technology transfers and other economic issues, said officials on both sides of the Pacific.
The impasse threatens to undermine a meeting between Presidents Trump and Xi Jinping scheduled for the end of November at the Group of 20 leaders summit in Buenos Aires. Both sides had hoped the gathering would ease the trade tensions. U.S. businesses have been counting on sufficient progress at the meeting for the Trump administration to suspend its plan to increase tariffs on $200 billion of Chinese imports to 25% on Jan. 1, from the current 10%. Such a move would be a blow to U.S. importers and consumers.
Negotiations have been on hold since mid-September, when the Chinese canceled a trip to Washington after the U.S. announced levies on the $200 billion of Chinese imports. Since then, Beijing has sought to re-engage, including asking U.S. Treasury Undersecretary David Malpass to resume talks. He declined—with the backing of the White House trade team—until the Chinese present a formal offer, U.S. officials said…
A year ago, everyone was afraid that Trump was intentionally leading the United States into a war with North Korea, but his firm stand proved most effective and did not lead to war,
Some of the same people are now fearing that Trump is intentionally leading the US into a war with China.
These fearmongers are used to seeing the US back down to the bullying from other nations.
This is one of the things that makes Trump different from most presidents of the past, in that he refuses to be intimidated by foreign bullies and it’s about time someone did.
The opinions expressed by columnists are their own and do not necessarily represent the views of Barb Wire.