TRUMP TO PUNISH CHINA ON TRADE AS US COMPANIES FEAR BACKLASH
President Donald Trump was ready to hit China with billions of dollars in trade sanctions Thursday for stealing American technology and pressuring U.S. companies to hand it over. Farmers, electronics retailers and other U.S. businesses braced for a backlash as the Chinese government vowed to take “all necessary measures” to defend itself in an emerging economic showdown.
The expected penalties include restrictions on Chinese investment and tariffs on as much as $60
