The Obama administration is developing economic sanctions to impose on Chinese companies and individuals who have benefited from the thefts of U.S. trade secrets, The Washington Post reports. The White House has not yet decided whether to implement the unprecedented response to cyber-espionage, but administration officials say it could come within two weeks, and could even coincide with Chinese President Xi Jinping's first state visit to the U.S. next month.
The White House would not comment on specifics, but, according to former White House cyber official Rob Knake, the sanctions would be an "even stronger move" than indictments previously issued, The Washington Post reports. "It’s really going to put China in the position of having to choose whether they want to be this pariah nation — this kleptocracy," Knake said, "— or whether they want to be one of the leading nations in the world.”
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
DHS preps for major ICE expansion, rankling local law enforcementIN THE SPOTLIGHT As the Trump administration positions ICE as the primary federal police force, its recruitment efforts have been met with a less-than-enthusiastic response
-
The return of 'Wednesday,' an 'Alien' prequel and a dramatic retelling of the Amanda Knox trial all happening in August TVthe week recommends This month's new television releases include 'Alien: Earth,' 'The Twisted Tale of Amanda Knox' and a new season of 'Wednesday'
-
How does a 401(k) hardship withdrawal work and is it smart to take one?the explainer More Americans than ever are resorting to this option in a pinch
-
Trump officials reinstating 2 Confederate monumentsSpeed Read The administration has plans to 'restore Confederate names and symbols' discarded in the wake of George Floyd's 2020 murder
-
Trump nominates Powell critic for vacant Fed seatspeed read Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been nominated to fill a seat on the Federal Reserve Board of Governors
-
ICE scraps age limits amid hiring pushSpeed Read Anyone 18 or older can now apply to be an ICE agent
-
Trump's global tariffs take effect, with new additionsSpeed Read Tariffs on more than 90 US trading partners went into effect, escalating the global trade war
-
House committee subpoenas Epstein filesSpeed Read The House Oversight Committee has issued a subpoena to the Justice Department for its Jeffrey Epstein files with an Aug. 19 deadline
-
India rejects Trump threat over Russian oilSpeed Read The president said he would raise tariffs on India for buying and selling Russian oil
-
NY's Hochul vows response to Texas gerrymanderSpeed Read Gov. Kathy Hochul has promised to play ball with redistricting that favors the Democrats
-
Texas Democrats exit state to block redistricting voteSpeed Read More than 51 legislators fled the state in protest of the GOP's plan to redraw congressional districts
