In an executive order expected to be released Wednesday, American companies will be subject to unprecedented new federal oversight that will scrutinize – and potentially prevent – some of their investments in China’s tech industry. The goal is to ensure that U.S. cash does not support China’s military modernization and potentially threaten the United States.
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And yet, Trump was the one who took loans from the Bank of China.
But they don’t give a shit.
Trump took the loan in 2012 but started a Trade War with them in 2018. A Trade War that Biden has escalated.
Yeah, but since when did reality matter to them?
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They are stupid if they do. Biden has taken what Trump was doing and turned the volume way WAY up. The escalating Trade War with the United States is a big reason why the Chinese economy is stumbling.