Economics

Trump to Wait on China Intellectual Property Probe

  • President plans to delay opening trade investigation
  • Reflects Chinese backing for UN sanctions on North Korea

Trump Says U.S. Working on Major Trade Deals With China

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President Donald Trump plans to wait at least a week and possibly longer on moving forward with a trade investigation of China on intellectual property violations after the country backed UN Security Council sanctions on North Korea, an administration official said.

Trump and his advisers remain concerned over what the U.S. perceives as Chinese violations of intellectual property and the plan for a trade investigation is still under consideration, the official said. But the White House wants to encourage and reward China’s cooperation on North Korea and is balancing national security concerns against domestic economic considerations, the official said.