General Electric could face some consequences from the U.S.-China trade war, The Wall Street Journal reports.
The Trump administration is considering halting deliveries of jet engines co-produced by the American manufacturer for the development of a Chinese jetliner which is reportedly years behind schedule, a person familiar with the discussions said. The White House's fear is tied to broader efforts to protect American intellectual property from Beijing — Washington reportedly believes China could eventually reverse-engineer the engines, break into the global engine-market, and compete with U.S. business interests.
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