US Weighs Action on China Overcapacity as Trump Awaits Probe Findings on Exports
Updated
Updated · Bloomberg · May 17
US Weighs Action on China Overcapacity as Trump Awaits Probe Findings on Exports
3 articles · Updated · Bloomberg · May 17
Jamieson Greer said President Donald Trump will receive options for action if US investigations find Chinese industrial overcapacity is distorting export flows.
CBS's Face the Nation interview on Sunday framed the next step as contingent on the probes, with Greer saying they may confirm a "huge problem" in China and other countries.
The potential response centers on whether excess industrial capacity is influencing Chinese exports, making the investigations the key trigger for any US move.
The remarks signal Washington is preparing possible trade measures while keeping the decision tied to formal findings rather than announcing immediate action.
If some economists are right about China's recovery, are potential US tariffs targeting a problem that no longer exists?
While the US targets Chinese exports, are developing nations being crushed in a new economic 'double squeeze'?
As China tackles its internal 'involution', could its solution create an even stronger global competitor for the US?