Trump to announce trade sanctions against China for intellectual property theft


(Worthy News) – On Thursday, US President Donald Trump is set to announce new sanctions against China for stealing US intellectual property, according to a White House official.

The move comes amid heightened fears about a potential trade war over US plans to introduce tariffs on imports of steel and aluminum.

In 2016, total trade between the United States and China reached $579 billion (€468 billion) with Chinese imports of US goods totaling $115.8 billion and US imports of Chinese goods at $462.8 billion. Only the 28-member EU saw more trade with the United States in 2016. Last year the US ran a $375 billion trade deficit with China, though US exports to China also hit a new record high.

US Federal Reserve Chairman Jerome Powell called the prospect of a trade war a growing threat to the United States. [ Source: Deutche Welle (Read More…) ]

13
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Russian Drone Strike Kills Father, Three Children In Ukraine As Civilian Toll Mounts
Cyclone Gezani Kills Dozens In Madagascar’s Port City Of Toamasina
Iran Warns Missile Capabilities Are “Non-Negotiable” Amid Rising Tensions With U.S.
Search Intensifies For Mother Of US TV Host As Sheriff Faces Scrutiny
Trump, Netanyahu Hold Lengthy White House Talks as Iran Negotiations Continue, U.S. Readies Carriers
Israel’s President Meets Survivors Of Anti-Jewish Massacre In Australia Amid Tension Over Gaza Strike
Hamas Disarmament to Begin in March as Trump’s Board of Peace Advances Gaza Plan
Reports From Inside Iran Describe Crackdowns, Growing Protest Movement
DHS Pleads For Money; Democrat Offers Alternative Funding Bill Excluding Ice
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News