The Trump administration is planning to use ongoing tariff negotiations to pressure U.S. trading partners to limit their transactions with China, according to the Wall Street Journal, citing people familiar with the discussions.
The report added that the Trump administration wants to use negotiations with more than 70 countries to get them to ban China from shipping products through their countries and to bar Chinese companies from setting up business there to avoid U.S. tariffs. (Newsmaker)
Source: FXstreet
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