{"id":30399,"date":"2018-10-26T15:45:51","date_gmt":"2018-10-26T10:15:51","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=30399"},"modified":"2018-10-26T15:45:51","modified_gmt":"2018-10-26T10:15:51","slug":"trump-orders-curbs-on-chinese-goods-investments","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/trump-orders-curbs-on-chinese-goods-investments\/","title":{"rendered":"Trump orders curbs on Chinese goods, investments"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/todays-paper\/tp-international\/trump-orders-curbs-on-chinese-goods-investments\/article23327300.ece\"><strong>Trump orders curbs on Chinese goods, investments<\/strong><\/a><\/p>\n<p><strong>What has happened?<\/strong><\/p>\n<p>President Donald Trump on Thursday directed imposition of tariffs on Chinese products, and restrictions on Chinese investments in America in a move that officials described as \u201chistoric\u201d and is meant to push back against \u201ceconomic aggression\u201d<\/p>\n<p><strong>Special review<\/strong><\/p>\n<ul>\n<li>The measures follow the completion of a special assessment of Chinese trade and investment practices that give Chinese companies \u201cunfair advantage\u201d and \u201cforced U.S. companies to transfer technologies<\/li>\n<li>The review under Section 301 of the Trade Act of 1974 was ordered by Mr. Trump last year.<\/li>\n<\/ul>\n<p><strong>Mitigating losses<\/strong><\/p>\n<ul>\n<li>The President has now directed the U.S Trade Representative (USTR) that conducted the review to design measures, including tariffs, to mitigate the losses being faced by American corporations on account of such \u201cforced intellectual property acquisition\u201d<\/li>\n<li>The measures that will come into effect within the next two months could target 1,300 different products totalling tariffs up to $50 billion<\/li>\n<\/ul>\n<p><strong>Tariff wall<\/strong><\/p>\n<p>The President has asked the USTR to start the process towards erecting a tariff wall, while the Treasury Department has been directed to device restrictions on Chinese investments that were taking over American technologies for military and strategic purposes<\/p>\n<p><strong>Tech super power<\/strong><\/p>\n<p>China\u2019s declared objective is to establish itself as a technology superpower by 2025, such a scenario will be harmful for the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump orders curbs on Chinese goods, investments What has happened? President Donald Trump on Thursday directed imposition of tariffs on Chinese products, and restrictions on Chinese investments in America in a move that officials described as \u201chistoric\u201d and is meant to push back against \u201ceconomic aggression\u201d Special review The measures follow the completion of a&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/trump-orders-curbs-on-chinese-goods-investments\/\">Continue reading <span class=\"screen-reader-text\">Trump orders curbs on Chinese goods, investments<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-30399","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704795717},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/30399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=30399"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/30399\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=30399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=30399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=30399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}