White House: Donald Trump and Emmanuel Macron on growing North Korea's threat

Thousands of North Korea's top military officers have marched through Pyongyang in a show of support for their dictator Kim Jong-un

The investigation is being ordered under US Trade Act of 1974, which officials said permits the USTR to investigate acts, policies or practices of a foreign country to determine whether they are indeed unreasonable or discriminatory that burden or otherwise restrict US commerce.

"China's been engaged in the theft and forced transfer of United States technologies and intellectual property for years".

Trump, who is on a working vacation at his New Jersey golf club, said Friday that he planned to be in Washington on Monday "for a very important meeting'" and "we're going to have a pretty big press conference".

The White House says Trump also told Xi he looked forward to seeing him in China later this year.

The President plans to sign an executive memorandum on Monday, directing his top trade negotiator to determine whether to investigate China for harming intellectual property, innovation and technology, senior administration officials said. The official spoke on condition of anonymity to discuss the order before Trump's formal announcement.

The United States, for example, has always complained that China dumps steel on its market, and if the Trump administration were to impose heavy tariffs on Chinese steel products, the retaliatory measure could draw other countries in, including Taiwan, which counts steel as one of its major exports, Sun said. But they may not know that China is forcing and coercing American companies that operate in China to turn over their technology. Trump has previously expressed frustration that China hasn't done more to economically punish North Korea.

White House: Donald Trump and Emmanuel Macron on growing North Korea's threat
White House: Donald Trump and Emmanuel Macron on growing North Korea's threat

North Korea has lashed back at the USA following President Donald Trump's latest warnings.

"At present, relevant parties should exercise restraint and avoid words and actions that would escalate tensions on the Korean Peninsula", Xi said, according to the statement provided by China's government.

"The relationship could spiral out of control, particularly if the movement on the trade front is combined with growing tensions over how to respond to North Korea", said Scott Kennedy, a China expert at the Centre for Strategic and International Studies.

Calling it "the responsibility of all", Macron called on the global community to "act in a concerted, firm and effective manner, as it has just done in the (U.N.) Security Council, to bring North Korea back to the path of dialogue". This past week, Trump said he could soften his views on trade if China stepped up its assistance, leading to speculation that the investigation could be a negotiating tactic. -China trading relationship. But analysts have cautioned that Trump faces a huge challenge in his desire to significantly reduce the US trade deficit with China, which a year ago stood at more than $300 billion.

If Lighthizer decides to go ahead with an investigation, the USA would first consult with China and the investigation process could take as long as a year, officials said.

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