View full page at cryptocraft.com

 

Retaliation on American firms suggested after Huawei ban

From globaltimes.cn

As the trade war between China and the US continues to escalate, with the latter constantly raising the stakes and widening the battle, Chinese officials could be considering all options to strike back, including targeting big US corporations, analysts have suggested. While there is limited room for China to continue the tit-for-tat tariff war with the US due to a massive trade surplus, there are many US companies that rely heavily on the Chinese market, giving Chinese officials an option they have so far been reluctant to take but increasingly pushed to do so, they noted. Despite seemingly softer tones from some US ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis