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U.S. to Take Trade Action Against China

SANCTIONS

According to leaked office advisory.

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Andrew Harrer / Bloomberg / Getty Images

The U.S. plans on announcing a trade-enforcement act against China on Tuesday, Reuters reports. The news of the major action was reportedly in a U.S. trade representative’s office advisory, leaked from a business group. This document was given to media—but not to be published—and reportedly says that the news will be announced at a press conference. The move comes as Democrats increased scrutiny on Chinese solar-panel subsidies that threaten domestic businesses, as well as China’s currency practices.

Read it at Reuters

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