The trade war has become faster in the two powerful countries of the world, America and China. The target of US President Donald Trump is now the investment of Chinese technology companies. According to the media report, President Trump can soon announce new measures against China's investment in US technologies. It is believed that this step will speed up the trade war between the world's two largest economies.
Like America's steps to impose $ 50 billion worth of goods in China. The US says it has taken this step to stop China's unfair trade practices. China has also responded to the charges of the US in the same way. The charge imposed by China will be applicable from July 6.
The US President wants to stop investing in American technology companies on many companies in China. Apart from this, their intent is to restrict the export of additional technology to China. This kind of double initiative can be announced by the end of this week. Its purpose is to stop efforts to become a global leader in ten broad areas of technology under China's 'Made in China 2025' report.
Published On : 26 Jun 2018