US President to unveil China trade sanctions today

Washington: President Donald Trump is likely to unveil sanctions against China on Friday, the White House indicated on Thursday, as the officials from the US Trade Representative (USTR) said America has strong evidence of Beijing violating its commitments on intellectual property and technology transfers. "On Friday the president will announce the actions he has decided to take based on USTR's 301 investigations into China's state-led, market-distorting efforts to force, pressure and steal US technologies and intellectual property," White House Principal Deputy Press Secretary Raj Shah said on Thursday.Officials, however, refrained from giving any further details even as USTR submitted its Section 301 report on its investigation into "unfair" Chinese trade practices to the president.