U.S. Trade Representative Jamieson Greer warned China against intimidating foreign countries that support U.S. efforts to develop critical industries, vowing to respond “appropriately” as Beijing moves to dominate key industrial sectors.
Greer issued the warning in a statement on Oct. 20, following China’s sanctions of five U.S.-linked subsidiaries of South Korean shipbuilding giant Hanwha Ocean. The sanctions, imposed last week, were described by China’s commerce ministry as a countermeasure against Hanwha for assisting Washington’s investigation under Section 301 of the Trade Act of 1974 and actions to address Beijing’s shipbuilding practices.
“China’s recent retaliatory actions against private companies across the globe is part of a broader pattern of economic coercion to influence American politics and control global supply chains by discouraging foreign companies from investing in America’s shipbuilding and other critical industries,” Greer said….
US Trade Chief Warns China Against Retaliation on Companies Aiding American Industry
