The US is reportedly prodding European allies to impose trade sanctions on China

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Russian President Vladimir Putin and Chinese President Xi Jinping.

  • The US is reportedly prodding European allies to impose trade restrictions on China sources informed Bloomberg.
  • Restrictions could be comparable to export controls imposed on Russia, however European leaders are reportedly apprehensive concerning the measure.
  • But a National Security Council spokeswoman informed Bloomberg that the US is not contemplating extending the Russia export controls to China.

The US is reportedly prodding European allies to impose trade sanctions on China by using export controls which can be comparable to these presently getting used towards Russia, sources informed Bloomberg.

Getting the European Union onboard would assist the US with restrictions it already imposed on China, together with these on sales of certain computer chips to Chinese firms.

But a National Security Council spokeswoman informed Bloomberg that the US is not contemplating extending the Russia export controls to China and hasn’t introduced it up with Europeans.

The US Trade Representative meets with EU trade ministers on Monday, although it isn’t clear if export controls on China might be mentioned.

EU officers have mentioned changing into extra unbiased from trade with China, however some leaders are reluctant to go together with the US, provided that the state of affairs is of a distinct nature than that of Russia, in accordance to Bloomberg. 

Still, different EU officers expressed openness to sanctioning items to restrict China’s navy and dealing with the US to impose anti-coercion and different trade-protective measures towards non-market economies like China.

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