Worsening U.S.-China Tensions Put Companies in Crosshairs
- China rules may punish firms for complying with U.S. sanctions
- President Xi tells officials China ‘must be brave to fight’
President Donald Trump speaks during a "Save America Rally" near the White House on Jan. 6.
Photographer: Shawn Thew/EPA/Bloomberg
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The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship.
After a week of widespread confusion over the scope of a U.S. ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ratchet up tensions and cloud the outlook for cross-border commerce.