President Trump recently took measures that will curb intellectual Property theft from American by other countries. The main culprit in this matter is China. China has been the number one violator of international regulations which guide intellectual property. The country is accused of stealing technologies from the United States and running way with them like it was theirs. They use the same technologies to create products which they sell in the United States. As a result of this matter, the United State has been losing over $225 billion every year. President Trump has now come up with a solution that will solve the matter. The United States will no longer be a dumping site for goods from China which have been created using the intellectual property of Americans.
Following the tariffs, the United States will apply tariffs on aluminum and steel goods coming from China. There will be a 20 percent tariff on steel imports and 10 percent on aluminum products. President Trump is focused on boosting manufacturing within the United States and ensuring that the country is not consuming too much from China.
The tariffs have not only affected China, but also other countries who have been trading partners with the U.S. Most of the U.S trading partners have expressed concern over the matter. The tariffs were also a cause for alarm the Republicans who feel that China and the European Union which were all affected by the tariff would retaliate by installing stiffer regulations on American goods. There is a likelihood of economic war erupting between the United States and other countries which overall might not be good for the global economy.
This matter has been scrutinized by an intellectual property lawyer and economic expert named Kamil Idris. Idris has been an expert on this matter for many years, and over a decade, he was the Director General of World Intellectual Property Organization. He has also been a member of the UN International Law Commission. Kamil Idris expertise on this matter has been recognized by 19 universities which have accorded him honorary degrees.
Kamil Idris is also a politician and has shown interests in politics. In 2010, he vied for the position of President in Sudan.