The war of definitions ignites .. China is punishing the American fashion company


China has put the company “PVH Corp”, which owns the “Calvin Klein” and “Tommy Helpigger” signs, on its “unreliable entities”, in a move that might force the company to close its stores and factories there, as one of the early repercussions of US President Donald Trump’s commercial war with China.

This classification gives the Chinese government wide powers against the company, including imposing fines, preventing import and export activities, withdrawing work permits, and depriving employees from entering the country, along with other vague procedures.

Michael Kai, a partner in the “Squire Patton Boggs”, says that there is a continuous trade war between the two parties, and China wants to send a message to the United States that it will take measures that harm major American companies or those with great interests in the American market, according to a report of a network. CNBC. ”


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