Politics

President Donald J. Trump Is Standing Up For American Innovation

trump accomplishments media bias policy“Under my Administration, the theft of American prosperity will end. We’re going to defend our industry and create a level playing field for the American worker — finally.” – President Donald J. Trump

PROTECTING AMERICAN COMPETITIVENESS: President Donald J. Trump is taking action to address Chinese policies and practices that are harming American innovation.

  • The President has directed his Administration to consider a range of actions to respond to China’s acts, policies, and practices involving the unfair and harmful acquisition of U.S. technology.
  • President Trump’s Administration will propose for public comment adding 25 percent additional tariffs on certain products that are supported by China’s unfair industrial policy.
    • Sectors subject to the proposed tariffs will include aerospace, information communication technology, and machinery.
  • USTR will confront China’s discriminatory technology licensing practices through a World Trade Organization (WTO) dispute proceeding.
  • The Department of Treasury, in consultation with other agencies, will propose restrictions on investment by China in sensitive U.S. technology.

A THREAT TO AMERICAN INNOVATION: President Donald J. Trump based his actions in large part on the findings of the Section 301 investigation conducted by his Administration.

  • In August, President Trump’s Administration launched an investigation into Chinese acts, policies, and practices related to technology transfer, intellectual property, and innovation.
    • The U.S. Trade Representative (USTR) led the investigation under Section 301 of the Trade Act of 1974, which gives the USTR broad authority subject to Presidential direction to eliminate unfair trade practices or policies that burden U.S. commerce.
    • This was the first Section 301 investigation since 2013.
  • USTR led an extensive investigation based on a thorough analysis of evidence and comments received from academics, think tanks, law firms, trade associations, and American companies and workers.
    • The investigation concluded that China uses foreign ownership restrictions, such as joint venture requirements and administrative review and licensing processes to force or pressure U.S. companies to transfer technology to Chinese entities.
    o China requires foreign companies that access their New Energy Vehicles market to transfer core technologies to a joint venture and disclose development and manufacturing technology for the entire vehicle.
  • The investigation concluded that China forces U.S. companies seeking to license technologies to Chinese entities to do so on non-market based terms.
    • China imposes contractual restrictions on the licensing of intellectual property and foreign technology into their country, but does not put the same restrictions on contracts between two Chinese enterprises.
  • The investigation concluded that China directs and unfairly facilitates investments and acquisitions to generate large-scale technology transfer from U.S. companies to Chinese entities.
    • A Chinese government-backed fund helped Apex Technology Co., a Chinese investment consortium, acquire a U.S. computer-printer maker which had previously sued Apex over patent infringement.
  • The investigation concluded that China conducts and supports cyber intrusions into U.S. companies to access their sensitive commercial information, such as trade secrets.
    • In 2014, the U.S. charged five Chinese military hackers for cyber espionage committed against U.S. corporations and a labor organization for commercial advantage.
  • An interagency analysis estimates that China’s unfair acts, policies, and practices cause tens of billions in damages to the United States each year.

CONFRONTING UNFAIR TRADE: President Trump has made clear that his Administration will confront unfair trade practices that harm American commerce.

  • Since taking office, President Trump has sought to confront unfair trade practices that have harmed American commerce for far too long.
  • The President’s Administration conducted 82 antidumping and countervailing duty investigations in 2017.
    • This was a 58 percent increase in investigations over 2016.
  • In January, the President announced new safeguard tariffs on imported large residential washing machines and solar cells.
    • The President’s decision to implement the tariffs was based on recommendations by the bi-partisan, independent International Trade Commission.
  • President Trump’s Administration has successfully litigated WTO disputes targeting unfair trade practices and upholding our right to enact fair trade laws.
    • In February 2018, USTR won a WTO compliance challenge against China’s unfair antidumping and countervailing duties on U.S. poultry exports, and China announced the termination of those duties.
    • In November 2017, the United States won a WTO dispute regarding Indonesia’s unfair import licensing regime restricting U.S. agricultural exports.
    • In October 2017, a WTO compliance panel found that U.S. tuna labeling rules designed to inform consumers about safe fishing practices were consistent with WTO standards.
    • In September 2017, the WTO rejected allegations by the European Union that Boeing was receiving prohibited subsidies. In June 2017, a WTO compliance panel rejected almost all claims by the European Union that alleged U.S. subsidies to Boeing were causing serious prejudice to Airbus, instead finding that 28 of 29 challenged programs were consistent with WTO rules.

 

By – Paul Teller, Special Assistant to the President for Legislative Affairs

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Rich O.
3 years ago

Where was Sotero as all this China theft was happening the past eight years? President Trump is taking bold, firm action in the best interests of the USA, and all we hear from the despicable propaganda media is Russia!! Russia!! Stormy Daniels!! The media and half of our elected members of congress are nothing but socialists/marxists/ commies.

Scottar
3 years ago
Reply to  Rich O.

Berry was out on the political golf course smoking a big doobee playing statesman.

Ed Schrade
3 years ago

And then Trump betrayed all of us by signing that omnibus bill. He’s now a one termer.

HAM
3 years ago
Reply to  Ed Schrade

Have to disagree with you Ed. Trump wanted funding for the military badly. That is the only reason he signed it. Unfortunately Schumer, Pelosi knew that & put everything in the bill hoping he would veto it so they could blame the Republicans for shutting down the government. They wanted to use that to their political advantage in the coming mid-year elections. They also know that as it stands right now 60 votes are needed to pass a budget bill & Republicans don’t have a 60 vote majority. McConnell could have changed the rules to require only 51 votes but with McConnell has steadfastly refused to change the rule. He wants Trump to fail.

I don’t buy the argument that the Republicans didn’t have time to come up with a different budget doing it the way at it should be instead of just the 4 heads of the 2 houses writng the bill. If Congress were doing their job they would have time.

McConnell, Ryan & their Rhino buddies are the traitors to the American people. Ryan claims to be a fiscal hawk but he helped write this bill.

We need more conservative people in Congress who will support Trump’s agenda & follow up on campaign promises.

PaulE
3 years ago
Reply to  HAM

We need to greatly increase the House Freedom Caucus and pressure the RINO allies of a Ryan in the House that it is in best interests to support a more fiscally responsible person for the Speaker post. Ryan needs to be sidelined ASAP, if bills originated in the House are going to actually reflect the Trump agenda and not Pelosi’s agenda.

As for Mumbles McConnell, he needs to just be voted out of his role and be relegated to just being an ordinary Senator. Someone with an actual backbone and willingness to suspend the filibuster rule needs to replace him. I can guarantee you that if the Dems re-take the Senate that Schumer will dump the filibuster rule in his first week in charge.

People need to be able to think beyond the hand in front of their face. Reading through a majority of posts this week, it is clear very few can. Which is great for the Dems cone November, but lousy for us Republicans trying to stop the country’s march towards socialism.

Deborah Alateeqy
3 years ago

They are all socialists and if they are in controlled , Our beloved country will
be another Venzuela!

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