“There’s huge, enormous mutual ties between the two countries from a trade standpoint,” Fields said before an event to outline Ford’s strategy to boost pickup sales in China.
American officials are worried that a buyer could be linked to China -- either directly or through an investment group with hidden Chinese backing - and are taking extraordinary steps to prevent the company from falling into Chinese hands.
The latest jet transaction puts Trump’s policy of promoting U.S. manufacturing jobs into conflict with the administration’s vow to take a tougher stance on the Islamic Republic.
The new strength follows a China factory rebound since mid-2016, while industrial output and private investment also have picked up.
Congress should establish a national goal to eliminate the trade deficit by enacting a border adjustable consumption tax and taking other actions to establish fair trade.
The order won’t immediately boost demand for coal, which is facing stiff competition from cheaper natural gas and a boom in wind and solar power.