He's been pretty tough on them compared to past presidents with the 25% tariff, plus he has a sanction bill coming to his desk to sign.
> The Senate just passed a bill that further sanctions China by authorizing the Treasury Department to identify Chinese banks and financial firms which enable the Communist Party regime, and punish them by restricting their access to the US dollar and visas for their executives.
> Unlike past Chinese sanction bills, the restrictions will apply not just to individuals, but the banks that employ them. And it will apply not just to Chinese-owned banks, but subsidiaries of American companies operating in the country.
> The Senate just passed a bill that further sanctions China by authorizing the Treasury Department to identify Chinese banks and financial firms which enable the Communist Party regime, and punish them by restricting their access to the US dollar and visas for their executives.
> Unlike past Chinese sanction bills, the restrictions will apply not just to individuals, but the banks that employ them. And it will apply not just to Chinese-owned banks, but subsidiaries of American companies operating in the country.