Trump May Roll Out Probe Into China and Intellectual Property Theft

US President Donald Trump will call on Monday (Aug 14) for his chief trade adviser to investigate China’s intellectual property practices, website Politico reported, citing an unnamed administration official.

Trump planned to launch the trade investigation more than a week ago, but he delayed the move in favor of securing China’s support for expanded United Nations sanctions against North Korea, the senior administration official said.

Russian Federation responded directly to the mounting war of words between the USA and North Korea Friday, with Foreign Minister Sergei Lavrov saying that the wiser and stronger will make the first move to deescalate tensions.

Trump will make a day trip to Washington on Monday, briefly interrupting his 17-day August working vacation, a White House official said on Friday.

Trump said Friday that he planned to call Chinese President Xi Jinping that evening.

Trump has suggested he would go easier on China if it were more forceful in getting North Korea to rein in its nuclear weapons program. CBS News correspondent Ben Tracy says that China, in particular, would be happy to see the annual joint U.S.

It wasn’t immediately clear how China would react to the move.

“I think China can do a lot more, yes”. -China trade ties and of resolving differences “through dialogue and consultation”. “They know how I feel”, he told reporters on Thursday.

Russian Foreign Minister Sergei Lavrov said the rhetoric from Washington and Pyongyang over North Korea’s nuclear program was now “going over the top”.

He warned that the costs of a military conflict between the US and North Korea would be severe.

“I think that when things are coming nearly to a fight, then the one who must step away from the hazardous line is the one that is stronger and smarter”, Lavrov said when speaking about tensions on the Korean peninsula during his speech at the Terra Scientia youth forum, according to state news agency Itar-Tass.

The trade investigation is expected to be only one part of a multi-pronged push by the Trump administration to counter perceived Chinese trade abuses, which Trump frequently railed against as a candidate.

On Friday, President Trump tweeted that U.S.

“We lose hundreds of billions of dollars a year on trade with China”.

“Protection measures against some specific items, such as steel and aluminum, may gain political favors, but are not likely to be of much help to rebalance trade”, economists at the Institute of International Finance wrote in a research note this week.