President Trump will enact a series of hardline policies during his final 10 weeks to cement his legacy on China, senior administration officials with direct knowledge of the plans tells Axios.
Why it matters: He'll try to make it politically untenable for the Biden administration to change course as China acts aggressively from India to Hong Kong to Taiwan, and the pandemic triggers a second global wave of shutdowns.
Details: Trump officials plan to sanction or restrict trade with more Chinese companies, government entities and officials for alleged complicity in human rights violations in Xinjiang and Hong Kong, or threatening U.S. national security.
This might shake things up significantly because there's no more pesky concerns like worrying about the markets tanking and affecting Trump's reelection.
With the last hurrah of Trump's China hawks, it is possible any announcement will be significantly harsher, far reaching and negative for the markets than expected.
Submitted November 15, 2020 at 10:08PM by BixKoop https://ift.tt/2IK2ina
