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Covid-19: White House official backs sops for firms moving to US from China

The US has expressed disappointment over China's handling of the coronavirus pandemic which has so far claimed 87,530 lives in America

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China has denied America's accusation of covering up the extent of its coronavirus outbreak and accused the US of attempting to divert the public attention

Reuters Washington
A top economic advisor to US President Donald Trump on Friday favoured giving tax incentives to American companies to move their economic base from China to America, amidst a new rift in the bilateral relationship over Beijing's handling of the coronavirus crisis.

The US has expressed disappointment over China's handling of the coronavirus pandemic which has claimed 87,530 lives in America. China has also been accused of stealing Intellectual Property and research work.

The US and China in the beginning of the year signed Phase-1 of a trade deal, ending a bitter two-year tariff war that had rattled the global economy.

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