💰 US Reportedly Prods European Allies to Impose Trade Sanctions on China

TL;DR

- But a National Security Council spokeswoman told Bloomberg that the US is not considering extending the Russia export controls to China.Getting the European Union onboard would help the US with restrictions it already imposed on China, including those on sales of certain computer chips to Chinese companies.But a National Security Council spokeswoman told Bloomberg that the US is not considering extending the Russia export controls to China and hasn't brought it up with Europeans.The US Trade Representative meets with EU trade ministers on Monday, though it's not clear if export controls on China will be discussed.EU officials have discussed becoming more independent from trade with China, but some leaders are reluctant to go along with the US, given that the situation is of a different nature than that of Russia, according to Bloomberg."

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