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BEIJING, Aug. 15 (Xinhua) -- China's Ministry of Commerce (MOC) on Tuesday expressed "grave concerns" about a memorandum signed by U.S. President Donald Trump to direct U.S. Trade Representative (USTR) Robert Lighthizer to examine China's intellectual property practices.


The USTR will determine "whether to investigate any of China's laws, policies, practices, or actions" that "may be harming American intellectual property rights Josh Harrison Youth Jersey , innovation or technology development" under Section 301 of the Trade Act of 1974, according to the memorandum released Monday (local time) by the White House.


"We will engage in a thorough investigation and, if needed, take action to preserve the future of U.S. industry," Lighthizer said on the same day.


Section 301, once heavily used in the 1980s and early 1990s, allows the U.S. president to unilaterally impose tariffs or other trade restrictions against foreign countries. But the United States has rarely used the trade tool since the WTO came into being.


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Since the historic meeting between the presidents of both countries in April, the two sides set up four high-level dialogue platforms, including the China-U.S. Comprehensive Economic Dialogue, and launched a 100-day cooperation plan and charted the course of economic cooperation in a year's time, the statement said.


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