Greer Warns China Against Penalizing Companies Investing in US

The Trump administration warned China not to retaliate against foreign companies helping the US to develop critical industries, after Beijing last week sanctioned the US units of a South Korean shipping giant over its plans to invest in the American maritime sector.

“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,” US Trade Representative Jamieson Greer said in a statement Monday.

Jamieson Greer

Photographer: Victor J. Blue/Bloomberg

Greer’s warning is the latest step ...