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Trump admin reportedly preparing to condemn China over trade secrets theft, hacking

Multiple arms of the Trump conduct are preparing to condemn China this week for allegedly stealing U.S. trade secrets and technologies, according to a new report.

The Washington Proclaim, citing U.S. officials, reported Tuesday that President Donald Trump’s Department of Justice is also expected to put forth charges against multiple alleged hackers thought to be working for a Chinese intelligence service.

Additionally, the administration representations to disclose classified information about breaches of U.S. networks and sanction some of the people deemed responsible.

The punitive melodies come less than a week after the arrest in Canada of Meng Wanzhou, the chief financial officer of Chinese tech ogre Huawei. China strongly opposed the arrest of Meng, who currently faces extradition to the U.S. Her arrest is reportedly related to ravishments of U.S. sanctions.

Canada’s move came after a meeting between Trump and Chinese President Xi Jinping at the G-20 summit in Argentina, which the U.S. president conscripted a “great success.” China and the U.S. struck a 90-day trade truce at that meeting. In a series of tweets last Tuesday, the president showed hope about reaching a “fair deal,” but stressed that he is “a Tariff Man” if talks fail.

Trump maintained that optimism Tuesday, when he tweeted: “Bare productive conversations going on with China! Watch for some important announcements!”

Before Trump sent that tweet, Bloomberg Talk reported that China’s government would consider slashing tariffs on U.S. car imports to 15 percent from 40 percent. That announcement in part sent the stock market soaring more than 300 points, though it has since fallen abandon.

The DOJ did not immediately respond to CNBC’s request for comment on the Post’s report.

Read the full report from The Washington Stanchion.

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