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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 President-elect Joe Biden has sent signals that the U.S. will remain tough on China, from trade to technology. WSJ’s Jonathan Cheng explains the new administration’s policy approach and how China might respond. Photo: Lintao Zhang/AP By Updated Dec. 17, 2020 9:42 pm ET President Trump’s recent executive order prohibiting Americans from investing in companies tied to Chin...

Government Leaders Clash Over Trump's Ban on Chinese Stocks © From left: Jim Lo Scalzo/EPA/Shutterstock; Jessica McGowan/Getty Images 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, intelligence and security apparatus. It sparked selloffs of Chinese stocks and bonds, forced in...

U.S. Marines are Training Taiwanese Forces (and Beijing is Furious) Despite the fact that Washington maintains no formal relations with Taiwan, which has a democratically-elected government, current U.S. law—the Taiwan Relations Act—requires that it ensures that Taiwan can defend itself. It has been in place for more than forty years, and ensures Taipei's defense needs. Here's What You Need To Remember: This is not the first time that U.S. forces have trained Taiwanese ones - but it is usually done in secret.  This week the Taiwanese government publicly acknowledged that members of the ...