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President Donald Trump launched the next salvo in his widening war on Chinese trade abuses, this time taking aim at China's unfair seizure of US intellectual property.Trump on Thursday directed the US trade representative to level tariffs on about billion worth of Chinese imports following a seven-month investigation into the intellectual property theft, which has been a longstanding point of contention in US-China trade relations. In addition to the tariffs, the US also plans to impose new investment restrictions, take action against China at the World Trade Organization and the Treasury Department also will propose additional measures."We have a tremendous intellectual property theft problem," Trump said. "It's going to make us a much stronger, much richer nation."The move, which comes on the heels of the administration's steel and aluminum tariffs that also took aim at China, has already been met with threats of retaliation from China and is heightening concerns of a global trade war that could destabilize the global economy -- fears the Trump administration has repeatedly brushed off.Trump on Thursday signed a memorandum announcing the trade actions, invoking Section 301 of the 1974 Trade Act, which formed the basis for the administration's investigation.Before signing the measure, Trump lamented the US' multi-hundred billion dollar trade deficit with China and said the action would be "the first of many."Trump prefaced his trade action by insisting he views China as a "friend" and said he has "tremendous respect" for Chinese President Xi Jinping, as he flicked to China's support in pressuring North Korea to denuclearize."They are helping us a lot in North Korea," Trump said. "But we have a trade deficit ... there are many different ways of looking at it, but no matter which way you look at it, it is the largest trade deficit of any country in the history of the world."Trump said the US would continue to engage diplomatically with China to reduce the trade imbalance, even as he signed an action that is likely to exacerbate tensions between the two countries.Robert Lighthizer, the US trade representative, said the tariffs would focus on theft of US technologies and said Trump "concluded that we should put in place tariffs on appropriate products" following the investigation."This is an extremely important action. Very significant and very important for the future of the country, really across industries," Lighthizer said.The investigation concluded that China has stolen or coerced US companies into turning over their intellectual property through a series of state-run structural maneuvers, including its requirement that foreign companies partner with Chinese companies to access the Chinese market, said Everett Eissenstat, the deputy director of the National Economic Council for international economic affairs.The investigation also assessed that China has stolen US intellectual property by hacking US computer networks, though senior administration officials said Thursday's tariffs would not account for the value of that intellectual property theft, which they estimated to be in the hundreds of billions of dollars.The incoming tariffs are the most significant to date from a President who campaigned on a promise to correct the US' global trade imbalance, particularly with China, and to revitalize US manufacturing. The move is just the latest sign that Trump is intent on putting his protectionist rhetoric into action despite concerns from economists and financial analysts, including within his own administration.Beyond the threat of a far-reaching trade war, economists have warned US consumers are likely to bear the cost of the tariffs and worries about Chinese retaliation are mounting."A trade war does no good to anyone. There is no winner," China's Premier Li Keqiang said at a news conference in Beijing in anticipation of the Trump administration's tariff action.The Trump administration, though, has said it is simply taking long-overdue action following years of unfair Chinese trading practices that they argue previous administrations have insufficiently countered.Peter Navarro, Trump's hawkish top trade adviser, said the administration had decided on the tariffs in lockstep and said the US opted to take tariff actions after dialogues with China over the last 15 years have failed to produce significant changes in Chinese behavior."Administrations before us and this administration has tried very, very hard to work with the Chinese," Navarro said. "Talk is not cheap. It has been very expensive to the American people."The tariffs will not take immediate effect. Instead, the US trade representative will publish a list of targeted goods within 15 days and will then allow for a 30-day public comment period.Pressed about the impact on US consumers, a senior administration official said the administration believed the tariffs would result in only "minimal effects" on US consumers."In terms of the broader calculus of the harm that is done by what is the theft ... of intellectual property is almost incalculable," the official said. 5136
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President Donald Trump said Thursday he wishes he could get involved with the Justice Department and direct it toward Hillary Clinton."The saddest thing is that because I'm the President of the United States, I am not supposed to be involved with the Justice Department," Trump said. "I am not supposed to be involved with the FBI."Trump's comments on the radio program "The Larry O'Connor Show" about the Justice Department and FBI came the same week the Justice Department's special counsel investigation handed down indictments to his former campaign hands.The President responded to a suggestion from the host that his listeners want the Justice Department to go after Clinton by saying that he'd like those entities to focus on his 2016 opponent as well."I look at what's happening with the Justice Department. Well, why aren't they going after Hillary Clinton with her emails and with her, the dossier?" Trump said, referring to the law firm Perkins Coie saying it had paid Fusion GPS to compile a dossier of information on Trump and Russia on behalf of Clinton's presidential campaign and the Democratic National Committee."I'm very unhappy with it that the Justice Department isn't going," Trump said."I am not supposed to be doing the kind of things that I would love to be doing. And I am very frustrated by it."Trump is under significant scrutiny regarding his interactions with the Justice Department, and it remains unresolved whether he did anything improper by firing former FBI Director James Comey.The President reiterated his unhappiness with his Justice Department Friday morning in a series of tweets, saying "everybody is asking" why the DOJ and FBI isn't investigating Clinton and Democrats."At some point the Justice Department, and the FBI, must do what is right and proper. The American public deserves it!" he tweeted. 1852
President Donald Trump lambasted "Chuck and Nancy" and told supporters in Tennessee at a rally on Tuesday that Democratic Senate candidate Phil Bredesen would do the bidding of Democratic congressional leaders.Trump was in Nashville to campaign for Bredesen's Republican opponent, Rep. Marsha Blackburn, in the race to replace the retiring Sen. Bob Corker."I never heard of this guy, who is he? Who is he?" Trump said of Bredesen. "He's an absolute, total tool of Chuck -- of Chuck Schumer. He's a tool of Chuck Schumer and of course the MS-13 lover Nancy Pelosi."Bredesen is, in fact, a popular former Nashville mayor and Tennessee governor, but he last ran for public office in 2006. He has led Blackburn in recent polls.Trump latched Bredesen to Schumer, the Senate minority leader, and Pelosi, the House minority leader, as well as former President Barack Obama and Hillary Clinton."If Bredesen were ever to get elected," Trump said, "he would do whatever Chuck and Nancy -- remember the term, 'Chuck and Nancy?' They don't want the wall, they want open borders, they're more interested in taking care of criminals than they are of taking care of you -- Bredesen donated a lot of money to the campaigns of Barack Obama and Hillary Clinton.""Crooked Hillary," Trump added, as the crowd chanted "lock her up."Trump also claimed that Pelosi "loves MS-13," the gang whose members Trump claimed are being deported "by the thousands."Pelosi criticized the President's use of the term "animals," although it appeared she was referencing reports that suggested Trump was referring to all undocumented immigrants. Trump says he was referring to MS-13 gang members when he used the term.Trump also turned his reference to members of the MS-13 gang as "animals" into a campaign rallying cry."They're not human beings. They're not human beings. And this is why we call the blood-thirsty MS-13 gang members exactly the name I used last week," Trump said."What was the name?" he asked."Animals," the crowd responded.Trump is popular in Tennessee too. He trounced Hillary Clinton there in 2016, winning 61% of the vote to Clinton's 35%. A recent Vanderbilt University poll showed that Trump has a 53% approval rating, with 43% disapproving of his performance.The Tennessee race has major implications for control of the Senate, where Republicans have a 51 to 49 majority and can afford a net loss of just one seat in November's midterm elections. Democrats are eyeing Nevada, Arizona, Tennessee and even potentially Texas as possible pick-up opportunities. But the party is also defending 10 seats in states Trump won in 2016 -- five of which Trump won by double digits.Corker greeted Trump at the airport in Nashville and attend the night's events with the President. When Trump introduced Corker at the rally, he was met with audible boos from the audience.Corker had been a thorn in Republicans' side in the race to replace him, calling Bredesen a friend and only offering a tepid endorsement of Blackburn.For Trump, the trip to Tennessee comes as part of a ramped-up midterm travel schedule. He has recently hit the road to rail against endangered Senate Democrats, including Indiana's Joe Donnelly and West Virginia's Joe Manchin. 3242
President Donald Trump on Tuesday repeated his threat to veto the National Defense Authorization Act if Congress does not change it the way he wants; including adding language that would change Section 230 of the Communications Decency Act that deals with social media companies, a reduction in troop levels around the world, and the president wants language calling for the renaming of some military bases removed.In a tweet, the president said “I hope House Republicans will vote against the very weak National Defense Authorization Act (NDAA), which I will VETO. Must include a termination of Section 230 (for National Security purposes), preserve our National Monuments, & allow for 5G & troop reductions in foreign lands!” 743