President Donald Trump is set to announce new measures this week to target growing Chinese investment in key technologies in the US, according to media reports, which could further escalate the trade war between the world’s two largest economies.
The measures are part of the same broad US move to confront Beijing over its unfair trade practices as the tariffs on $50 billion of Chinese goods that the Trump administration detailed earlier this month, the reports said.
China has vowed to strike back in equal measure against the tariffs, the first wave of which are due to take effect July 6.