All market players and trading venue operators would be required to lay down clear rules and procedures for fair and orderly trading, objective criteria for executing orders efficiently and transparent criteria for determining which financial instruments may be traded via their systems.
"Regardless of the administration's trade objectives, the reality is that China prepares for war," said Representative Duncan Hunter, a California Republican.
Besides citing countries for unfair trade practices, the law requires the Administration to establish trade objectives and creates rigorous deadlines for these objectives to be met.
The new players all with their own trade objectives and most with economic systems unlike Uncle Sam's are often reluctant to engage in substantive multilateral trade negotiations.
While only a small group nations would agree to this tactic, a concerted effort by India, Sri Lanka, several European countries and America's south-east Asian partners would significantly complicate Beijing's trade objectives.
Beyond the immediate goal of filling a labor market "gap", temporary labor migration schemes can be seen to serve a multiplicity of policy goals, including development, foreign policy, public diplomacy and trade objectives.
The administration's planned show of force reflects the limits of a cease-fire agreed upon by President Trump and President Xi Jinping of China on the sidelines of the Group of 20 summit in Buenos Aires this month, as well as Trump's efforts to blend his national security and trade objectives.
On Wednesday he said he had resigned because he felt the head of the UK negotiating team in Brussels needed to see through the "humongous negotiations" right to the end, and not because he was fundamentally opposed to the government's free trade objectives.
And since stopping Chinese theft of U.S intellectual property is supposed to be one of the President's top trade objectives, he should not ease up on ZTE until it stops its high-tech banditry and starts playing by the rules in intellectual property (IP) matters.
The leaked document has been posted on the website of Citizens Trade Campaign, a long-time critic of the administration's trade objectives.
