The US Chamber of Commerce has warned the government against plans to rip US supply chains out of China, saying the move could harm the economy. “Protecting the resiliency of our supply chain doesn’t have to mean reshoring all production in the United States,” Chamber Chief Executive Thomas Donohue told ...
The United States has imposed sanctions on a China-based company saying it acted on behalf of Iran’s Mahan Air, which has been sanctioned by Washington. The US Treasury Department said in a statement on Tuesday that Shanghai Saint Logistics Limited acted as a general sales agent for Mahan Air, Reuters ...