US Trade Measures: Trump launched a complaint against China at WTO
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First up on the program tonight, we look at the latest development of the U.S.-China trade dispute. The US launched a complaint Friday against China over an alleged theft of U.S. intellectual property at the World Trade Organization.
The US statement says China may have broken WTO rules by denying basic patent rights of foreign patent holders, including U.S. companies. It added that the Chinese action was aimed to allow Chinese entities to use the technology after the licensing contract ends. The statement also said China appears to be imposing mandatory adverse contract terms that discriminate against foreign technology. Analysts say the complaint was part of a package of trade measures announced by President Donald Trump on Thursday.