Trump Touts ‘Major’ Trade Negotiations with China While Signing 301 Action for ‘Reciprocal Trade’

President Donald Trump emphasized the importance of “reciprocal” trade as he signed a presidential memorandum on Thursday to protect the United States from China’s economic aggression and theft of intellectual property.

“We’ve lost, over a fairly short period of time, 60,000 factories in our country. Closed, shuttered, gone,” said Trump. “Six million jobs at least, gone. And now they’re starting to come back. You see what’s happening with Chrysler, with FoxConn, with so many other companies wanting to come back in to the United States.”

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