President Donald Trump over the next 10 weeks is now expected to announce several measures to further crackdown on China over human rights abuses, according to a report from Axios, focusing on Xinjiang and Hong Kong in particular.
No more actions are expected on Taiwan and no additional closures of Chinese consulates in the U.S. are expected to result, the report noted, with the focus being on trying to make it “politically untenable” for a Biden administration to change course on China policy.
The key will be whether the expected actions will spook U.S. commodity markets relative to China's pledged purchases of a host of U.S. agricultural goods.