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China escalates trade tensions by targeting US-linked Hanwha Ocean units

1 min read
Source: Reuters
China escalates trade tensions by targeting US-linked Hanwha Ocean units
Photo: Reuters
TL;DR

China imposed sanctions on five US-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid escalating trade tensions, leading to a sharp decline in Hanwha's shares and further strain in US-China relations over maritime industry issues.

Topics:businessworld#china#hanwha#sanctions#shipbuilding#us-china-relations#world
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  1. China takes steps against US-linked units of S.Korea shipbuilder Hanwha  Reuters
  2. China targets five U.S. subsidiaries of South Korea's Hanwha Ocean, sending shares down 8%  CNBC
  3. China Escalates US Trade Fight With Some Curbs on Shipping  Bloomberg.com
  4. Trump tariffs live updates: China hits back at Trump on shipping with curbs on US units of Hanwha Ocean  Yahoo Finance
  5. China probes US maritime investigation's impact on shipping industry  Reuters

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