Trump said on Twitter Thursday that he spoke by phone with Chinese President Xi Jinping and discussed many topics "with a heavy emphasis on trade."
The administration has imposed $200 billion in tariffs on Chinese products and is holding out an additional $250 billion in tariffs. The Justice program is part of a multi-pronged Trump administration policy of taking action against China for unfair trade practices and technology theft. The semiconductor technology is a major component of advanced computing that will be central to developing artificial intelligence products for both commercial and military applications. semiconductor technology.Ī federal grand jury in San Francisco indicted Chinese and Taiwanese company and three people for targeting the Idaho-based Micron Technologies, which is leading in development of an advanced semiconductor technology called DRAM-dynamic random-access memory. Just ask GE Aviation, or Trimble, of Sunnyvale, California," he noted.Īs part of the crackdown, the Justice Department announced the indictment for the first time of a state-run Chinese company involved in a plot to steal advanced U.S. "Obviously, that commitment has not been kept. Sessions noted that in 2015, China stated publicly it would not target American companies for economic gain. "We are here today to say: enough is enough. "Chinese economic espionage against the United States has been increasing-and it has been increasing rapidly," Sessions said.
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