Government Leaders Clash Over Next Step for Trump’s Ban on Chinese Stocks
Fight over Trump’s executive order pits Treasury, Wall Street against State Department, Pentagon
A battle over the scope of a Trump executive order barring U.S. investors from funding companies tied to China’s military complex is pitting Treasury Secretary Steven Mnuchin, left, against Secretary of State Mike Pompeo, right.
President Trump’s recent executive order prohibiting Americans from investing in companies tied to China’s military complex has set up a fight in the highest ranks of government over how broad the list should be.
Since November, the White House barred U.S. investors from buying into 35 Chinese companies the Pentagon has classified as aiding China’s defense,…
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