Washington, April 16 -- During negotiations with more than 70 countries, the US administration plans to secure commitments from trade partners to economically isolate China in exchange for lower tariffs imposed by the White House, The Wall Street Journal newspaper reported.
The White House plans to convince countries to prohibit China from transporting goods through their territories, the report said on Tuesday, adding that Washington also wants to ban Chinese companies from locating in these countries in order to circumvent US tariffs, and prevent cheap Chinese industrial goods from entering their markets.
US Treasury Secretary Scott Bessent has become one of the key developers of this strategy, the report read. In his opinion, in the ne...