Trump Plans Final China Crackdown to Bind Biden, Axios Says

(Bloomberg) — President Donald Trump plans several new hard-line moves against China in the remaining weeks of his term, Axios reported, citing senior administration officials they didn’t identify.Trump may announce sanctions or trade restrictions against more Chinese companies, government entities or officials, citing human rights violations or threats to U.S. national security, according to the report.John Ullyot, a spokesman for the National Security Council, told Axios that the actions would be framed in such as way as to be “politically suicidal” to undo, for example by the incoming Joe Biden administration, absent a major policy shift by Beijing. Biden’s transition …read more

Source:: Yahoo Finance

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.