Zero Hedge: White House Planning Unprecedented Trade Alliance To Retaliate Against China
As Trump considers next steps in his ongoing crusade to challenge the election results, he appears increasingly set on unleashing a "scorched earth" policy in the already dismal relations China, if only to make any hope for a quick detente between Beijing and the pro-China Biden as difficult as possible.
Overnight, Reuters reported that the Trump admin is close to issuing a list of 89 Chinese aerospace and other companies that would be unable to access U.S. technology exports due to their alleged links to the PLA. Commercial Aircraft Corp. of China Ltd., or Comac, and Aviation Industry Corp. of China Ltd. are among the firms named, Reuters reported, citing a draft copy of the list from the U.S. Commerce Department.
WNU Editor: Aside from Washington DC, there is no public support for better relations with China (see above graph). The pandemic. Intellectual theft. US jobs being outsourced to China. Beijing threating the US and its allies. Good luck to Biden team if they think they can change this.
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