The White House will take steps to limit Chinese investment and impose tariffs on Chinese imports worth 50 billion of dollars. The memo limits China's ability to invest in the US technology industry, which the Trump government says is a response to Beijing's efforts to force US companies to abandon their business secrets.
The White House made a phone call 10 o'clock in the morning on 22nd, and U.S. officials said Trump had ordered a list of potential targets aimed at punishing Chinese companies benefiting from unfair access to American technology. Trump appointed US trade representative Lettegizel to announce a list of products that will be increased tariffs within 15 days. The final list will be published at the end of the public consultation period.