US Seeks To Stop The Sellout Of American Know How To China

US Seeks To Stop The Sellout Of American Know How To China
U.S. Treasury Secretary Steven Mnuchin said on Wednesday his agency has prepared U.S. investment restrictions on China for President Donald Trump to consider as part of his upcoming announcements on intellectual property actions against Beijing.

“We have worked on options for his consideration,” Mnuchin told Reuters in an interview.

Trump plans to announce his decisions in the investigation into China’s intellectual property practices on Thursday..

The president is widely expected to impose tariffs on some $60 billion worth of Chinese technology products and other goods to try to force policy changes in Beijing.


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TomMTomM - 3/22/2018 10:39:22 AM
+13 Boost
China has been producing many items that use protected US patented and Copyrighted works - and has gotten away with it for too long. What the USA should do is add the copyright and patent fees to those products based on TOTAL sales around the world.


ilovecar2015ilovecar2015 - 3/22/2018 11:36:45 AM
0 Boost
The article is about China and the picture was the Japanese Emperor! Can the writer get it right!?


CANADIANCOMMENTSCANADIANCOMMENTS - 3/22/2018 3:50:28 PM
-2 Boost
Yes it is @ilovecar2015. I think some of the Agents may be no better than the alt-right club that likes to post BS on this site frequently. That photo is not a mistake, it was intentional. As for the tariffs on Chinese goods, China is the workshop of the world. It likely has a trade deficit with every G20 nation as well as many others. The stock market dipped 500 points on this news. I will let you judge if it is going to be a good or bad thing for America and global trade. Glad to hear from @QEW who knows the score. Clearly, China is playing a game where it comes to IP and patents. If you want to win, you need to play along with their rules.


pentupnrgy69pentupnrgy69 - 3/22/2018 4:42:34 PM
-5 Boost
these stupid Rightwing sTrumpets continue to show their racism and stupidity. If they have slanted eyes, they're the enemy and all alike. If they're brown, they're all murderers and rapists and if they're Arab, they're all terrorists and extremists, when in fact the worst extremist is donald j trump.

Let me know how the auto industry and Boeing and Apple and hundreds of other companies do when China hits back at us and sends the economy into a tailspin. Nobody will be buying cars when the economy slips back to where it was when "W"orthless Bush left office.


MDarringerMDarringer - 3/22/2018 6:22:10 PM
+6 Boost
^^^Typical Alt-Left demonizing.


pentupnrgy69pentupnrgy69 - 3/23/2018 1:54:58 PM
+1 Boost
Darringer: It must make you feel really good to switch to all of your sock puppet names to down rate comments, shows real maturity and intellect on your part. Poor snowflake Trumpette.


qwertyfla1qwertyfla1 - 3/22/2018 2:23:27 PM
+7 Boost
Good for Trump sticking up for Americans and American interests. I wish Canada had an effective leader like that rather than the ass-hat trust fund moron Mohamed Trudeau. China has been ripping off everybody IP for decades.

I have done factory tours and have seen numerous freshly patented products being knocked off complete with perfect counterfeit labels to dupe the consumer. The worst part is some of these products are outright dangerous and destroy brand value to the IP owners as they malfunction or potentially kill people...

I was about to file numerous US patents myself but all that does is inform China of what you have and opens the floodgates to knock offs. Instead I am incorporating in Hong Kong and filling for Chinese patents instead as surprisingly China WILL enforce IP laws for domestic patents for domestic companies -funny how that works.


TheSteveTheSteve - 3/22/2018 3:17:35 PM
-8 Boost
The current US administration's desire and attempt to maintain Colonial-style world domination will be as fruitless as when the UK attempted to do this. (By the way, they lost, and they unwittingly passed the "World Leader" torch to the US.)

World superpowers change over time. That's a fact. For well over a decade, world economists, *and* US economists, have told us that China will be the world's next world superpower, and leader of commerce. Most people laughed. China? Get real. Today, the smart folks are working with these realities to build trading relationships with China.

Meanwhile, the current US administration believes the US is invincible, and that it can continue to dominate the planet forever, dictating what other nations can and cannot do. I'm sure that as more and more Americans realize the folly in this thinking, that about 40% of them will continue to blame Obama for the transition that has been slowly happening for well over a decade, and which continues today.

Bullying, swaggering, threats, derision, trade wars, and trade barriers are not the road to future US prosperity and wellbeing. You're free to believe it is, if you want.


valhallakeyvalhallakey - 3/22/2018 5:49:14 PM
+12 Boost
I have to say that China has done egregious things in relation to trade. I know for instance that Toyota had to give up all their IP on hybrid power in order to even sell cars there. They also regularly ignore other companies patents, create clone vehicles etc....I don’t think a trade war is real productive but certainly the unfair practices have to be addressed. Maybe this will get their attention as it is certain past presidents going all the way back to Reagan and Carter haven’t been able to.


MDarringerMDarringer - 3/22/2018 10:10:35 PM
+6 Boost
^^^Typical preachy BS from TheSteve


wileyzwileyz - 3/22/2018 9:30:30 PM
-1 Boost
Thanks for making a respite political...see ya Autospies.



TauronB2GTauronB2G - 3/23/2018 9:25:03 AM
-1 Boost
Dude right behind you!


Vette71Vette71 - 3/23/2018 9:33:56 AM
+2 Boost
So CANADIANCOMMENTS you'd play by China's rules? Give up your intellectual property (your value added) for free because that's what they demand, do nothing when they add a 25% tariff on vehicles made in your country going into theirs while you charge 2.5% tariff on Chinese vehicles coming into your country (Tesla), accept that you have to have a Chinese partner who has controlling interest in order to build a plant in China, etc. The China workshop you mention got that way by flouting international trade relationships. What would happen to the Canadian economy if the USA adopted the Chinese approach to our trade relationship with Canada?


CANADIANCOMMENTSCANADIANCOMMENTS - 3/23/2018 11:49:31 AM
+3 Boost
@Vette71 -Thanks for the question. And ignore the spew from @fiftysix. I tire of his posts. I reference @QEW because he actually knows what it is like to do business around the world. China will steal your IP as a foreign business. It will protect your IP if you have incorporated in that country using their domestic laws and court system. There are rules to deal with in every nation on earth. It is your choice to take advantage of them if you want to succeed in business. Just as @QEW has decided to do. I highly doubt China will change its laws to suit other nations just because of a trade war with the USA. If China decides to not by US debt anymore, the lights will shut off. They will always have the upper hand.


Vette71Vette71 - 3/23/2018 12:21:59 PM
0 Boost
CC, have you personally done business, manufactured a product there, in China? I have. They don't steel your IP, you have to give it to them. Part of the deal to open a plant there and sell to that market. And you must export goods from that plant in order to get the special currency they require (and control) you to use to import any parts for your product. There are all kinds of barriers that other countries don't erect. As far as the USA debt goes, raise the interest rate paid. They'll buy it, or someone else will. Play their game and you'll be a colony controlled by them in the end.


t_bonet_bone - 3/23/2018 9:35:13 AM
+4 Boost
I heard one story where a company ordered a small initial run of a product - and before they even got to see a sample it was already "cloned" and publicly available for sale elsewhere.


qwertyfla1qwertyfla1 - 3/23/2018 12:27:35 PM
+1 Boost
China is notorious for contract manufacturing products for various companies wishing to drive down costs. The problem is they make 1 shift for you and the other 2 shifts make your shit and sell to the open market competing against you and flood the market at discounted pricing screwing you further.

I know of one big American tool manufacture whom went to China so they could shutter the US plants and opened the blueprints to the Chinese. MISTAKE -now the market is flooded with cheap, inferior knock off products and the worst part is nobody can trace back to the 20-30 manufacturer whom knock this shit off and some of it is damn dangerous to operate. Who are you going to sue when someone gets injured? The US corp will spend millions defending itself against counterfeit product and liability claims...

I had to get stuff made in China in order to stay in business as I cant buy the raw materials cheaper than I can get top quality finished goods made by them. I do spend time there as the girlfriend is from Shanghai and I would never let my proprietary/high value stuff be made there. For that I will open my own small factory down in Ningbo or the Philippines to do in-house and protect my ass.




absentabsent - 3/23/2018 8:47:47 PM
0 Boost
Lots of Nu males, cuckolds here, bending over to anyone wanting to screw US, Obama still their hero.
ThSteve, pentuporgy69 or whatever you call yourself, do you enjoy watching your wives being ***** by strangers too?


MDarringerMDarringer - 3/23/2018 8:57:41 PM
+2 Boost
*popcorn*

You had me at "cuckolds".


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