Last Update 20:18
Friday, 17 August 2018

Trump vows to protect US intellectual property, without naming China

Reuters , Wednesday 31 Jan 2018
Share/Bookmark
Views: 1890
Share/Bookmark
Views: 1890

U.S. President Donald Trump vowed on Tuesday to protect American intellectual property, but made no mention of China, which his administration has accused of trade abuses, in his first State of the Union speech to Congress.

Trump had been expected to deliver strong warnings to countries about unfair trade practices, including stealing intellectual property and providing state aid to their industries.

Instead, his comments on trade during the speech were restricted to three sentences in which he repeated that "fair and reciprocal" trade were necessary, but did not elaborate.

"We will work to fix bad trade deals and negotiate new ones," Trump said, adding: "We will protect American workers and American intellectual property, through strong enforcement of our trade rules."

Trump has threatened to walk away from trade agreements like the North American Free Trade Agreement with Canada and Mexico, and the U.S-South Korean Free Trade Agreement, unless they bolster U.S. manufacturing and American jobs.

Last week, he imposed tariffs on imported washing machines and solar panels in his first major trade actions since withdrawing the United States from the Trans Pacific Partnership trade agreement within weeks of taking office last year.

Trump is considering broad tariffs or quotas on steel and aluminum following investigations by the U.S. Department of Commerce into whether rising steel and aluminum imports represent a threat to national security.

The Alliance for American Manufacturing, a group representing steel and other basic industries, welcomed Trump's remarks on trade in his speech but called for actions to combat Chinese imports.

"This speech won’t change China's behavior and defend American jobs. Only action will," said AAM President Scott Paul, "It's time for the president's policies and actions to match his talk." 

Search Keywords:
Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.