Trump signed a memorandum on intellectual property

  • Trump signed a memorandum on intellectual property

Washington: US President Donald Trump signed a memorandum authorizing US trade representative Robert Laitheiser to launch an investigation into the violation of intellectual property rights of American companies by China.

"Violation of intellectual property of American companies by other countries cost us millions of dollars and jobs," Trump said during a press conference.

According to Trump, in the near future, the US will tighten rules aimed at securing fair trade, noting that "this is a big step and this is only the beginning."

"I ordered the US representative in trade negotiations to study China's policies and actions in connection with the transfer of American technology and the theft of American intellectual property," he said.

The US trade representative investigates China's violation of the intellectual rights of US companies.

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