Head Of US Pacific Fleet Ready To Confront Beijing As China Warns Of US Carmaker Penalty For "Monopolist Behavior"
In what some have seen as the first warning shot of retaliation against Trump's threats of protectionism and part of China's escalating trade war involving the auto industry, overnight China Daily reported quoting a senior state planning official that Beijing will soon slap a penalty on an "unnamed U.S. automaker for monopolistic behavior."