China has failed to respect intellectual property rights for decades, and U.S. businesses have suffered. Thankfully, those companies are getting help from the Trump administration.
In late 2017, the U.S. Chamber of Commerce and other leading business advocates asked the Trump administration to elevate the issue of trade secret protections in trade talks with other nations. They wrote that trade secret theft puts “thousands of high-paying jobs in the United States at risk, while also posing potential national security threats.”
Twenty-one months later, it’s clear that the Trump administration has responded to that call, and there is evidence that its efforts are making a difference.
Earlier this year, the Chinese government took the unprecedented action of adopting measures meant to improve trade secret protections in that country. Whether those reforms turn out to be real and significant remains to be seen, but it at least signals the Trump administration has increased pressure on China.
Read the full story from The Daily Signal
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