BEIJING Cheap Nike Air Max 95 Junior , Aug. 15 (Xinhua) -- China's Ministry of Commerce (MOC) on Tuesday expressed ""grave concerns"" about a memorandum signed by U.S. President Donald Trump to direct U.S. Trade Representative (USTR) Robert Lighthizer to examine China's intellectual property practices.
The USTR will determine ""whether to investigate any of China's laws, policies, practices, or actions"" that ""may be harming American intellectual property rights, innovation or technology development"" under Section 301 of the Trade Act of 1974, according to the memorandum released Monday (local time) by the White House.
""We will engage in a thorough investigation and Cheap Nike Air Max 95 Sale , if needed, take action to preserve the future of U.S. industry,"" Lighthizer said on the same day.
Section 301, once heavily used in the 1980s and early 1990s, allows the U.S. president to unilaterally impose tariffs or other trade restrictions against foreign countries. But the United States has rarely used the trade tool since the WTO came into being.
As the United States has promised to use Section 301 in compliance with WTO rules, ""the U.S. side should keep its promise and not become a destroyer of multilateral rules Cheap Nike Air Max 95 Premium ,"" the MOC said in a statement, citing an unidentified spokesperson.
Since the historic meeting between the presidents of both countries in April, the two sides set up four high-level dialogue platforms, including the China-U.S. Comprehensive Economic Dialogue, and launched a 100-day cooperation plan and charted the course of economic cooperation in a year's time, the statement said.
""The United States should treasure the current sound Sino-U.S. economic and trade ties and cooperation momentum. Any U.S. trade protectionism move will surely damage bilateral ties and the interests of companies from both countries Cheap Nike Air Max 95 Essential ,"" it added.
""We hope that the USTR will respect facts and act with prudence,"" the ministry said.