As a candidate for president, Donald Trump brought up China so many times it became a running meme … and now that he’s in the White House, his administration seems to be following through on his promises to apply pressure against the Asian superpower.
A lucrative arrangement for China which was inked during the Obama era has now been dismantled, after the Trump administration raised red flags over the prospect of the Chinese government controlling a U.S. port.
According to the South China Morning Post, the major issue is that Orient Overseas International — a company controlled by the Chinese government via a company called Cosco — owned the Long Beach Container Terminal in California.
More @ WJ
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