China to blacklist US companies?
The trade dispute between the USA and China is in a deadlock. Tariffs, counter-tariffs and the dispute over Huawei seem to have moved a compromise into the distant future.
Customs duties on Chinese goods are expected to soon rise from 200 billion to 600 billion USD. Now, China is also ratcheting up the pressure. The Ministry of Economic Affairs says Beijing will soon publish a blacklist of US companies that will no longer be allowed to do business with China.