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In each of the seven chapters of the draft, Reuters reported, China had deleted commitments to change laws to resolve U.S. complaints: theft of U.S. intellectual property and trade secrets, forced technology transfers, competition policy, access to financial services and currency manipulation.
One in Five U.S. Companies Say China Has Stolen Their Intellectual Property
The chancellor told a 2,500-strong crowd in the Bavarian capital that Germany and Europe would naturally strive to remain on good terms with the US, Britain and other countries, “even with Russia”, but added: “We have to know that we must fight for our future on our own, for our destiny as Europeans.”
Macron, however, was more optimistic about the relationship with Trump. “I met a leader who has strong convictions on a number of subjects, some of which I share, such as terrorism or upholding our rank in the league of nations,” the French president said.
In a letter recently released by Representative Mike Pompeo (R-KS), the State Department emphasized that the Iran deal – the Joint Comprehensive Plan of Action (JCPOA) – is not binding under international law.
The success of the JCPOA will depend not on whether it is legally binding or signed, but rather on the extensive verification measures we have put in place, as well as Iran’s understanding that we have the capacity to re-impose – and ramp up – our sanctions if Iran does not meet its commitments.