BEIJING (AP) — In a looming trade war between the world's two largest economies, American companies in China may have a bull's-eye on their backs. The Trump administration is pushing China to cut its trade surplus with the United States by $200 billion by the end of 2020 and give up policies that favor domestic companies — the core of Beijing's state-led economic model. As the two sides exchange threats of tariff hikes, their lopsided trade balance means China will run out of imports for retaliation before President Donald Trump does. But Beijing has other ways to inflict pain.Read more on NewsOK.com
Comment on US firms, debt could be China's targets if US plays hardball
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Sat, 05/05/2018 - 7:27pm
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more