President Trump Targets “Made In China 2025”

YEARS OF UNFAIR TRADE PRACTICES: China has consistently taken advantage of the American economy with practices that undermine fair and reciprocal trade.

  • For many years, China has pursued industrial policies and unfair trade practices—including dumping, discriminatory non-tariff barriers, forced technology transfer, over capacity, and industrial subsidies—that champion Chinese firms and make it impossible for many United States firms to compete on a level playing field.
  • China’s industrial policies, such as its “Made in China 2025” plan, harm companies in the United States and around the world.
  • China imposes much higher tariffs on United States exports than the United States imposes on China.
    • China’s average tariff rate is nearly three times higher than the average United States rate.
    • Certain products are even more imbalanced, for instance the United States charges a 2.5 percent tariff on Chinese cars, while China currently maintains a 25 percent tariff on cars from the United States.
  • China has banned imports of United States agricultural products such as poultry, cutting off America’s ranchers and farmers from a major market for their goods.
  • China has dumped and unfairly subsidized a range of goods for the United States market, undermining America’s domestic industry.
    • In 2018 alone, the Trump Administration has found dumping or unfair subsidies on 13 different products, including steel wheels, cold-drawn mechanical tubing, tool chests and cabinets, forged steel fittings, aluminum foil, rubber bands, cast iron soil pipe and fittings, and large diameter welded pipe.
  • In January 2018, the Trump Administration found that China’s overproduction of steel and aluminum, and the resulting impact on global markets, is a circumstance that threatens to impair America’s national security.
  • The United States has run a trade in goods deficit with China for years, including a $375 billion deficit in 2017 alone.

UNDERMINING AMERICAN INNOVATION AND JOBS: China has aggressively sought to obtain technology from American companies and undermine American innovation and creativity.

  • The cost of China’s intellectual property theft costs United States innovators billions of dollars a year, and China accounts for 87 percent of counterfeit goods seized coming into the United States.
  • United States Trade Representative’s (USTR) Section 301 investigation identified four of China’s aggressive technology policies that put 44 million American technology jobs at risk:
    • Forced technology transfer;
    • Requiring licensing at less than economic value;
    • Chinese state-directed acquisition of sensitive United States technology for strategic purposes; and
    • Outright cyber theft.
  • China uses foreign ownership restrictions, administrative review, and licensing processes to force or pressure technology transfers from American companies.
    • China requires foreign companies that access their New Energy Vehicles market to transfer core technologies and disclose development and manufacturing technology.
    • China imposes contractual restrictions on the licensing of intellectual property and technology by foreign firms into China, but does not put the same restrictions on contracts between two Chinese enterprises.
  • China directs and facilitates investments in and acquisitions of United States companies to generate large-scale technology transfer.
  • China conducts and supports cyber intrusions into United States computer networks to gain access to valuable business information so Chinese companies can copy products.
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STANDING UP TO CHINA’S UNFAIR TRADE PRACTICES: President Trump has taken long overdue action to finally address the source of the problem, China’s unfair trade practices that hurt America’s workers and our innovative industries.

  • In January 2018, the President announced his decision to provide safeguard relief to United States manufacturers injured by surging imports of washing machines and solar products.
    • This was the first use of Section 201 of the Trade Act of 1974 to impose tariffs in 16 years.
    • These actions responded to injurious trade practices by China and other countries, including attempts to avoid legally imposed antidumping and countervailing duties.
    • Following the decision, Whirlpool announced 200 new jobs in Ohio.
  • USTR and the Department of Commerce are working together to defend the right of the United States to continue treating China as a non-market economy in antidumping investigations until China makes the reforms it agreed to when it joined the World Trade Organization (WTO).
  • President Trump’s Administration has successfully litigated WTO disputes targeting unfair trade practices and upholding our right to enforce United States trade laws.
    • In February 2018, USTR won a WTO compliance challenge against China’s unfair antidumping and countervailing duties on United States poultry exports and China announced the termination of those duties.

PROTECTING AMERICAN INNOVATION AND CREATIVITY: President Trump has worked to defend America’s intellectual property and proprietary technology from theft and other threats.

  • In August 2017, the Administration initiated a Section 301 investigation into China’s practices related to forced technology transfer, unfair licensing, and intellectual property policies.
  • After USTR completed its Section 301 report in March 2018, the President directed the agencies to explore numerous actions to protect domestic technology and intellectual property.
  • Under President Trump’s leadership:
    • The United States will impose a 25 percent tariff on $50 billion of goods imported from China containing industrially significant technology, including those related to the “Made in China 2025” program.  The final list of covered imports will be announced by June 15, 2018.
    • USTR will continue WTO dispute settlement against China originally initiated in March to address China’s discriminatory technology licensing requirements.
    • The United States will implement specific investment restrictions and enhanced export controls for Chinese persons and entities related to the acquisition of industrially significant technology. The list of restrictions and controls will be announced by June 30, 2018.

Shared from Whitehouse.gov

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Mike Little
Mike Little
5 years ago

I think that Chinese Favorite son Mitch McConnell and his wife should chair a commission getting a minimum 40% American savings, or we should take it from their ill gotten gains at US expense!!!

Rick
Rick
5 years ago

So nice to have a president that is looking out for the American worker!

NickP
NickP
5 years ago

Anyone see any solutions from Democrats for the $800 Billion trade deficit they created? Me neither.

factorywork
factorywork
5 years ago
Reply to  NickP

None

Stephen Ochs
Stephen Ochs
5 years ago

During the 70’s,80’s and 90’s I was involved in many cutting technologies and made many trips to the patent office in San Jose,Calif.
Oddly enough while I was filing for patents, I was the minority in the room because everyone else was Asian.
These people kept the copy machine very busy with their theft of our engineering.
It is no wonder that they surpassed us in many ways because we allowed them to come into our country freely and let them walk out the door with our braintrust in the form of patents.
To claim any product as your own (by American law) you only have to make a 10% improvement to call it your own.
Perhaps it is time to change this protocol, since we are losing because of our leniency with maintaining our superior knowledge.
We pay highly for this information through our expensive colleges and highly paid labor, in some cases. Yet, we give this information away freely to outside agencies. DUMB!!
The solution: only allow citizens of the United States access to our patent information!

ter334
ter334
5 years ago

Most Americans where not remotely aware just how wretched the collusion between the establishment and the media has been. We have been victimized and brainwashed by the media for decades. It is clear now that the only ideas mass distributed have been the liberal ones designed to wean the population from freedom and into tyranny like in islam, communism, socialism. However they are really scared because the last election showed that most people do not buy into their liberal rhetoric. And the left are having to incite racism, black Jim Crow, in an effort to turn a blue ripple into a Nov blue wave. The vast majority of blacks are no more racist then the vast majority of white or any other race, thus the blacks are being forced into either supporting the nation of islam over racist remarks to eliminate all whites, directed to do so by Obama, or being called Uncle Tom’s by the Obama crowd. And the muslims are behind this. Not because they have any empathy for blacks because they are black but because they like the democrats use anybody that is foolish to believe the libs are in their corner. The proof of this is in the welfare system which is just a democrat party govt run plantation to exploit blacks and other poor They become enslaved to govt patronage, the crats first sanctuary places, for the votes! The politicians are not going to take care of you, until after they take care of their own job security so they can milk the taxpayers for their personal benefit.

ter334
ter334
5 years ago
Reply to  ter334

Any social, financial uncertainty people might have now is because of the PC nature of what PC actually is, political chaos. Tornadoes, earthquakes, volcanoes, hurricanes are natures chaos. With political chaos there is no rule of law. Instead the people lose their citizenship and become subjects, subject to the whim, fantasies of the rulers. Who desperately want to keep their power so they eliminate dissenters ASAP. They are now in the search for the innocent phase to blame for the chaos their own misdeeds have created. Death or subjugation to the infidels, the subjects, the jews by the Nazis, the white racists, the other rich but not them , and whomever they determine is a threat to the state–such as the unborn! The rule of law occupies the space between good and evil. PC has no bounds. We now have a pagan govt!

Jorge
Jorge
5 years ago

I believe Mr Trump is doing what he is excellent at, Negotiation, of course, At the government level a good team is the best source to reach success, that is the explanation of having to choose the right person for the job, and that is not an easy task.

paul ellis
paul ellis
5 years ago

need to stop all trade w china an mexico put Americans to work

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