President Trump’s Surprise Announcement on Monday Likely Involves A Crackdown on China Trade Practices

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We are hearing President Trump informed Chinese Pres Xi late Friday that the U.S. will launch an investigation into Chinese trade practices on Monday, according to administration sources.

Politico is likewise reporting a parallel story:

President Donald Trump will call on Monday for his chief trade adviser to investigate China’s intellectual property practices, Politico reported, citing an unnamed administration official.

Trump had been expected to call for a so-called Section 301 investigation under the 1974 Trade Act earlier this month, but action had been postponed as the White House pressed for China’s
cooperation in reining in North Korea’s nuclear program.

Politico said it was not clear how much detail Trump would provide in his announcement, but that administration officials expected U.S. Trade Representative Robert Lighthizer to open a
section 301 probe.

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