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Global market data

Cryptocurrencies: 5,975
Markets: 545
Marketcap: $ 554.72 B
24h Vol: $ 101.34 B
BTC Dominance: 61.24%

[ZEROHEDGE] Trump Pursues Last-Minute China Crackdown To Hem In Biden Administration

Zero Hedge

Trump Pursues Last-Minute China Crackdown To Hem In Biden Administration

Tyler Durden

Mon, 11/16/2020 – 10:46

Axios’ Jonathan Swan reports that in Trump’s final weeks in office the president plans to unveil a series of “hardline policies” on China with the ultimate aim of making it “politically untenable for the Biden administration to change course.” 

Very much akin to ‘maximum pressure’ on Iran, where the administration has also slapped any and all sanctions possible in order to try and make a Biden presidency’s attempt to restore US participation in the 2015 nuclear deal (JCPOA) near impossible, Trump wants to hem in the coming Biden administration and the ability for a Sino-US relations detente on a range of things like the Taiwan issue to China’s intervention in Hong Kong to human rights to Chinese tech as a backdoor for spying. 

Swan writes, “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.”

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