Trump asks US companies to dump China after Beijing announces new tariffs

Topics Xi Jinping | Donald Trump

President Donald Trump said on Friday he was ordering US companies to look at ways to close their operations in China and make more of their products in the United States instead, sending US markets down sharply in a new rhetorical strike at Beijing as trade tensions mounted.

Trump cannot legally compel US companies to abandon China immediately. He gave no detail on how he might proceed with any such order, although he said he would be offering a response later on Friday to tariffs on $75 billion in American products announced by China.....

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