Silicon valley intellectual property law association

Detroit News staff and wire reports Published 12:12 p.m. UTC Jun 16, 2018 Washington — The United States and China moved to the brink of a trade war Friday when Beijing said it would hit back with 25 percent tariffs on American goods including cars and farm products. The threat of retaliation came after President Donald Trump said earlier in the day that a 25 percent duty on up to $50 billion in Chinese imports would take effect July 6. In announcing the U.S. tariffs, Trump said he was fulfilling a campaign pledge to crack down on what he contends are China’s unfair trade practices and its efforts to undermine U.S. technology and intellectual property. “We have the great brain power in Silicon Valley, and China and others steal those secrets,” Trump said on “Fox & Friends.” “We’re going to protect those secrets. Those are crown jewels for this country.” The prospect of a U.S.-China trade war weighed on financial markets … [Read more...] about China hits back with tariffs on cars, farm products

Associated Press Updated 4:15 p.m. UTC Jun 15, 2018 Washington – Vowing to cut U.S. trade deficits and protect the nation’s high-tech “crown jewels,” President Donald Trump said Friday he’s levying a 25 percent tariff on up to $50 billion worth of Chinese imports, instantly escalating a trade dispute between the world’s two largest economies. China’s government quickly responded that it would “fight back strongly” with penalties of the same scale on American goods. Trump said he was fulfilling a campaign pledge to crack down on what he contends are China’s unfair trade practices and efforts to undermine U.S. technology and intellectual property. During an impromptu appearance on the White House North Lawn, the president hailed his “very big tariffs” on China. “You know we have the great brain power in Silicon Valley, and China and others steal those secrets. And we’re going to protect those … [Read more...] about US announces tariffs on $50B in China imports