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US Politics

Chinese companies could lose a tried and true method for skirting US tariffs, the head of the Council on Foreign Relations says

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Michael Froman , the president of the Council on Foreign Relations , spoke at the World Economic Forum in Davos , Switzerland .

He said governments could soon look at trade in a new way: through the lens of company ownership.

China is framing the West 's concerns about overcapacity as protectionism and as moves to curtail the country's economic development.