Why it matters:
The move comes as the U.S. prepares to impose new tariffs on a number of countries, potentially escalating the ongoing trade conflict, while China seeks to assert greater control over foreign investments and trade relations.
According to sources from Bloomberg, China's action to limit Chinese investments in the U.S. seems aimed at increasing pressure on Washington during future trade talks, possibly as part of a broader economic strategy.
Key points:
- The U.S. also aims to restrict Chinese investments in critical sectors such as technology and energy.
- The global economic impact of these ongoing tensions could potentially trigger a worldwide trade war, according to experts.
Go deeper:
Trump has already placed additional tariffs on Chinese goods and is threatening further increases while also indicating that a new trade deal with China could still be possible. In response, China’s measures reflect a strategic effort to safeguard its economic interests and potentially bolster its position in future negotiations.
U.S. Trade War; Criticisms, Implications
ahmad shirzadian
