News Snapshot:
According to Reuters, a spokesman for the US Department of Commerce, Trump is close to releasing a list of 89 Chinese aerospace companies that will no longer be able to access US technology exports. This move would escalate tensions between the two countries as the Biden administration plans to take over. Already the US and China are battling over trade, Taiwan and handling of the coronavirus pandemic. Commercial Aircraft Corp. of China Ltd. and the Aviation Industry Corp. of China Ltd. are among the companies that will be restricted from buying American goods and technology. On Monday, China’s Foreign Ministry...
