News Snapshot:
The Trump administration is reportedly reaching out to reassure American companies that their Chinese business dealings with messaging monolith WeChat will remain unaffected by a pending U.S. ban. Citing sources familiar with the matter, Bloomberg on Friday reports senior administration officials seek to reassure companies that a coming WeChat ban will not negatively impact their dealings in China. Instead of instituting a blanket ban on WeChat by forcing U.S. firms like Apple and Google to remove the app from their respective app stores, administration officials are reportedly working on ways to enforce more targeted restrictions. Details have yet to be...
