US President Donald Trump is expected to announce later on Thursday that the US will sue China at the World Trade Organization for practices it believes violate US intellectual property rights.
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After imposing tariffs on steel and aluminum, the Trump administration is expected to announce on Thursday that it will sue China at the World Trade Organization for trade law violations.
According to The Wall Street Journal, the move is designed to stop China from violating US intellectual property rights. US President Donald Trump is reportedly expected to address the issue later today.
In his announcement at 12:30 p.m. EDT, Trump will “announce the actions he has decided to take based on USTR’s 301 investigation into China’s state-led, market-distorting efforts to force, pressure, and steal U.S. technologies and intellectual property,” a White House official said.
The US’ tariffs would apply to about $50 billion in Chinese imports, a source with knowledge of the plans told The Wall Street Journal.