Trump orders probe of China's intellectual property practicesWASHINGTON (Reuters) - President Donald Trump on Monday authorized an inquiry into China’s alleged theft of intellectual property in the first direct trade measure by his administration against Beijing, but one that is unlikely to prompt near-term change. Trump broke from his 17-day vacation in New Jersey to sign the memo in the White House at a time of heightened tensions between Washington and Beijing over North Korea’s nuclear ambitions. The investigation is likely to cast a shadow over relations with China, the largest U.S. trading partner, just as Trump is asking Beijing to step up pressure against Pyongyang.  U.S. Trade Representative Robert Lighthizer will have a year to look into whether to launch a formal investigation of China’s trade policies on intellectual property, which the White House and U.S. industry lobby groups say are harming U.S. businesses and jobs. Trump called the inquiry “a very big move.” Trump administration officials have estimated that theft of intellectual property by China could be as high as $600 billion. Experts on China trade policy said the long lead time could allow Beijing to discuss some of the issues raised by Washington without being seen to cave to pressure under the threat of reprisals. Although Trump repeatedly criticized China’s trade practices on the campaign trail, his administration has not taken any significant action. Despite threats to do so, it has declined to name China a currency manipulator and delayed broader national security probes into imports of foreign steel and aluminum that could indirectly affect China. China repeatedly rebuffed attempts by previous U.S. administrations to take action on its IP practices.  “I’m sure they will formally reject this if an investigation is launched and there is an implication this is going to require negotiation to resolve it,” said Matthew Goodman, a senior adviser for Asian economics at the Washington-based Center for Strategic and International Studies. Jonathan Fenby, an analyst at the TS Lombard consultancy, said China was not interested in a short-term trade fix with the United States and will resist “attempts to tie it down.”  China’s policy of forcing foreign companies to turn over technology to Chinese joint venture partners and failure to crack down on intellectual property theft have been longstanding problems for several U.S. administrations. The Information Technology Industry Council, the main trade group for U.S. technology giants, such as Microsoft (MSFT.O), Apple (AAPL.O) and Google (GOOGL.O), said it hoped China would take the administration’s announcement seriously. “Both the United States and China should use the coming months to address the issues causing friction in the bilateral trade relationship before Presidents Trump and Xi have their anticipated meeting ahead of the November APEC leaders meeting,” ITI President Dean Garfield said in a statement. The U.S. Chamber of Commerce, the largest business lobbying group, said China needed to end forced technology transfers and to protect foreign intellectual property rights.  In an editorial on Monday, the state-run China Daily newspaper said the investigation will “poison” relations and warned the Trump administration not to make a rash decision it could regret. Trump had been expected to seek a so-called Section 301 investigation earlier this month, but an announcement was postponed as the White House pressed for China’s cooperation on North Korea. Section 301 of the Trade Act of 1974, a popular trade tool in the 1980s that has been rarely used in the past decade, allows the president to unilaterally impose tariffs or other trade restrictions to protect U.S. industries from “unfair trade practices” of foreign countries. politicsNews
trump orders probe china intellectual property practiceswashington reuters president donald trump monday authorized inquiry china alleged theft intellectual property first direct trade measure administration beijing one unlikely prompt change trump broke vacation new jersey sign memo white house time heightened tensions washington beijing north korea nuclear ambitions the investigation likely cast shadow relations china largest trading partner trump asking beijing step pressure pyongyang trade representative robert lighthizer year look whether launch formal investigation china trade policies intellectual property white house industry lobby groups say harming businesses jobs trump called inquiry big trump administration officials estimated theft intellectual property china could high billion experts china trade policy said long lead time could allow beijing discuss issues raised washington without seen cave pressure threat reprisals although trump repeatedly criticized china trade practices campaign trail administration taken significant action despite threats declined name china currency manipulation delayed broader national security probes imports foreign steel aluminum could indirectly affect china china repeatedly rebuffed attempts previous administrations take action ip practices i sure formally reject investigation launched implication going require negotiation resolve said matthew goodman senior adviser asian economics center strategic international studies jonathan ferry analyst ts bombard consultancy said china interested trade fix united states resist attempts tie china policy forcing foreign companies turn technology chinese joint venture partners failure crack intellectual property theft longstanding problems several administrations the information technology industry council main trade group technology giants microsoft apple google said hoped china would take administration announcement seriously both united states china use coming months address issues causing friction bilateral trade relationship presidents trump xi anticipated meeting ahead november spec leaders meeting iti president dean airfield said statement the chamber commerce largest business lobbying group said china needed end forced technology transfers protect foreign intellectual property rights in editorial monday china daily newspaper said investigation poison relations warned trump administration make rash decision could regret trump expected seek section investigation earlier month announcement postponed white house pressed china cooperation north korea section trade act popular trade tool rarely used past decade allows president unilaterally impose tariffs trade restrictions protect industries unfair trade practices foreign countries politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Trump orders probe of China's intellectual property practicesWASHINGTON (Reuters) - President Donald Trump on Monday authorized an inquiry into China’s alleged theft of intellectual property in the first direct trade measure by his administration against Beijing, but one that is unlikely to prompt near-term change. Trump broke from his 17-day vacation in New Jersey to sign the memo in the White House at a time of heightened tensions between Washington and Beijing over North Korea’s nuclear ambitions. The investigation is likely to cast a shadow over relations with China, the largest U.S. trading partner, just as Trump is asking Beijing to step up pressure against Pyongyang.  U.S. Trade Representative Robert Lighthizer will have a year to look into whether to launch a formal investigation of China’s trade policies on intellectual property, which the White House and U.S. industry lobby groups say are harming U.S. businesses and jobs. Trump called the inquiry “a very big move.” Trump administration officials have estimated that theft of intellectual property by China could be as high as $600 billion. Experts on China trade policy said the long lead time could allow Beijing to discuss some of the issues raised by Washington without being seen to cave to pressure under the threat of reprisals. Although Trump repeatedly criticized China’s trade practices on the campaign trail, his administration has not taken any significant action. Despite threats to do so, it has declined to name China a currency manipulator and delayed broader national security probes into imports of foreign steel and aluminum that could indirectly affect China. China repeatedly rebuffed attempts by previous U.S. administrations to take action on its IP practices.  “I’m sure they will formally reject this if an investigation is launched and there is an implication this is going to require negotiation to resolve it,” said Matthew Goodman, a senior adviser for Asian economics at the Washington-based Center for Strategic and International Studies. Jonathan Fenby, an analyst at the TS Lombard consultancy, said China was not interested in a short-term trade fix with the United States and will resist “attempts to tie it down.”  China’s policy of forcing foreign companies to turn over technology to Chinese joint venture partners and failure to crack down on intellectual property theft have been longstanding problems for several U.S. administrations. The Information Technology Industry Council, the main trade group for U.S. technology giants, such as Microsoft (MSFT.O), Apple (AAPL.O) and Google (GOOGL.O), said it hoped China would take the administration’s announcement seriously. “Both the United States and China should use the coming months to address the issues causing friction in the bilateral trade relationship before Presidents Trump and Xi have their anticipated meeting ahead of the November APEC leaders meeting,” ITI President Dean Garfield said in a statement. The U.S. Chamber of Commerce, the largest business lobbying group, said China needed to end forced technology transfers and to protect foreign intellectual property rights.  In an editorial on Monday, the state-run China Daily newspaper said the investigation will “poison” relations and warned the Trump administration not to make a rash decision it could regret. Trump had been expected to seek a so-called Section 301 investigation earlier this month, but an announcement was postponed as the White House pressed for China’s cooperation on North Korea. Section 301 of the Trade Act of 1974, a popular trade tool in the 1980s that has been rarely used in the past decade, allows the president to unilaterally impose tariffs or other trade restrictions to protect U.S. industries from “unfair trade practices” of foreign countries. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump orders probe china intellectual property practiceswashington reuters president donald trump monday authorized inquiry china alleged theft intellectual property first direct trade measure administration beijing one unlikely prompt change trump broke vacation new jersey sign memo white house time heightened tensions washington beijing north korea nuclear ambitions the investigation likely cast shadow relations china largest trading partner trump asking beijing step pressure pyongyang trade representative robert lighthizer year look whether launch formal investigation china trade policies intellectual property white house industry lobby groups say harming businesses jobs trump called inquiry big trump administration officials estimated theft intellectual property china could high billion experts china trade policy said long lead time could allow beijing discuss issues raised washington without seen cave pressure threat reprisals although trump repeatedly criticized china trade practices campaign trail administration taken significant action despite threats declined name china currency manipulation delayed broader national security probes imports foreign steel aluminum could indirectly affect china china repeatedly rebuffed attempts previous administrations take action ip practices i sure formally reject investigation launched implication going require negotiation resolve said matthew goodman senior adviser asian economics center strategic international studies jonathan ferry analyst ts bombard consultancy said china interested trade fix united states resist attempts tie china policy forcing foreign companies turn technology chinese joint venture partners failure crack intellectual property theft longstanding problems several administrations the information technology industry council main trade group technology giants microsoft apple google said hoped china would take administration announcement seriously both united states china use coming months address issues causing friction bilateral trade relationship presidents trump xi anticipated meeting ahead november spec leaders meeting iti president dean airfield said statement the chamber commerce largest business lobbying group said china needed end forced technology transfers protect foreign intellectual property rights in editorial monday china daily newspaper said investigation poison relations warned trump administration make rash decision could regret trump expected seek section investigation earlier month announcement postponed white house pressed china cooperation north korea section trade act popular trade tool rarely used past decade allows president unilaterally impose tariffs trade restrictions protect industries unfair trade practices foreign countries politicsnews