The President’s executive order is a further indication that the U.S. government remains committed to taking action against foreign trade practices that it believes are unfair or harmful to American businesses and consumers. The imposition of tariffs on Chinese imports in response to intellectual property concerns has been a significant issue in recent years, and this executive order is seen as a way for the U.S. to respond more forcefully if necessary. However, there have also been concerns raised about the potential negative impacts that these actions could have on global trade and economic growth overall.
Read the full text of the order at the whitehouse.gov website.