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Detailed text transcripts for TV channel - CNN - 20170803:17:54:00

This investigation? reporter: well, there are several factors at play here, wolf. one is president trump s frustration over the trade issue, also trade takes in washington pretty much fell apart and companies in china have complained that it s not a level playing field. they are forced to share their technology with chinese companies as the chinese government infuses state money into those companies and protects them from competition with american competitors, especially in the high-tech field and so there s a lot of fear moving forward that american companies in order to do business in this market where they make money are going to have to give more and more and more and that s what the trump administration is expected to launch this investigation, and if the investigation finds unfair trade practices, then the penalties could be steep tariffs on chinese companies or even pulling some licenses. what are the other possible consequences you re hearing over there in beijing? report ....

Over Donald Trump Jr , Trade Issue , Wolf Blitzer , State Money , Level Playing Field , High Tech Field , Trade Practices , Tit For Tat ,