According to Fox News, the Trump Administration will soon
take and propose action against intellectual property theft by China. Notably, the Fox News article focuses on the
entertainment industry and movies. White
House Director of Trade and Manufacturing, Peter Navarro, is quoted as stating:
“We are going to move forward with some recommendations for the president. And
I tell you what, there’s nobody who is going to oppose that in this country.”
In the article, Horizon Investments Chief Global Strategist Greg
Valliere states “he expects the Trump administration to “hit them hard” with
anti-China tariffs on imports that include Chinese investments and visas for
students who want to study in the U.S.”
The article notes that the EU is “on board.”
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