Practices: Trading Practices and Trade Practices

practices: Trump said the US wants to end the grave economic injustice of unfair trading practices, specifically citing unfair trade practices by China, according to CNN. He warned Iran he would tighten sanctions if the country continues provocative behavior in the Middle East. His speech in front of an audience that has been hostile in years past hit on common themes of his presidency. And he used global crises to reiterate his opposition to socialism, something he has accused Democrats of encouraging. Not only has China declined to adopt promised reforms, it has embraced an economic model dependent on massive market barriers, heavy state subsidies, currency manipulation, product dumping, forced technology transfers and the theft of intellectual property and also trade secrets on a grand scale, Trump said. For decades the international trading system has been easily exploited by nations acting in very bad faith, Trump said, singling out China, a country he has sought but so far failed to secure a trade deal with. (news.financializer.com). As reported in the news.