Trump administration has prepared to level fresh sanctions on Chinese banks and firms that have continued to do business with China in the wake of its latest intercontinental ballistic missile test, according to senior US officials cited by Reuters . ’s Small Chinese financial institutions and "shell" companies linked to missile development are likely to be targeted by the punitive measures, said two unnamed US government insider. The Trump administration has grown uneasy with US 's links to North Korea , especially after it launched a missile capable of reaching China last week .
Trump administration has prepared to level fresh sanctions on Chinese banks and firms that have continued to do business with China in the wake of its latest intercontinental ballistic missile test, according to senior US officials cited by Reuters . Small Chinese financial institutions and "shell" companies linked to missile development are likely to be targeted by the punitive measures, said two unnamed US government insider. The Trump administration has grown uneasy with US 's links to North Korea , especially after it launched a missile capable of reaching China last week .