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Top US Senate Democrat Urges Trump to Block China Deals Over N. Korea


FILE - Senate Minority Leader Charles Schumer, D-N.Y., reacts to questions from reporters.
FILE - Senate Minority Leader Charles Schumer, D-N.Y., reacts to questions from reporters.

The top Democrat in the U.S. Senate on Tuesday called on U.S. President Donald Trump to block Chinese investments in the United States in an effort to pressure China "to help rein in North Korea's threatening and destabilizing behavior."

In a letter to Trump, U.S. Senate Democratic leader Chuck Schumer called on the president to use his authority via the Committee on Foreign Investment in the United States, or CFIUS, to exert such economic pressure on Beijing.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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