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Trump signs memo directing probe into China's IP practices

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Reuters WASHINGTON
Last Updated : Aug 15 2017 | 1:07 AM IST

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday signed a presidential memorandum authorizing an investigation into China's alleged theft of American intellectual property, declaring it "one big move."

The order directs U.S. Trade Representative Robert Lighthizer to determine whether to investigate Chinese trade practices that force U.S. companies operating in China to turn over intellectual property.

"Ambassador Lighthizer you are empowered to consider all available options at your disposal," Trump said before he signed the memo. "This is just the beginning," Trump added.

(Reporting by Jeff Mason and Lesley Wroughton; Editing by Leslie Adler)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Aug 15 2017 | 12:57 AM IST

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