Mexican Media Brands
White House to Escalate Trade Sanctions Against China
The Trump administration plans to announce new rules on Thursday that will make it more difficult for Chinese companies to gain U.S. technologies or invest in American companies.
#economics
Share
The Trump administration plans to announce new rules on Thursday that will make it more difficult for Chinese companies to gain U.S. technologies or invest in American companies, sources tell The Wall Street Journal.
The White House also intends to roll out tariffs worth at least $30 billion on certain Chinese imports, pending comment from American companies that might be adversely affected. The figure matches the estimated damage to U.S. companies that have been forced to reveal secrets about their intellectual property in return for the right to do business in China.
The Journal’s sources says details of the sanctions are still being worked out. The underlying strategy is to impose restrictions on Chinese businesses similar to those faced by U.S. companies trying to do business in China.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.