White House establishes ‘Countering Economic Coercion Task Force’

The White House on Thursday announced it was heeding a mandate in the fiscal year 2023 defense authorization bill by establishing the “Countering Economic Coercion Task Force,” which will include roughly 20 members including an official from the Office of the U.S. Trade Representative. The task force will “oversee an interagency effort to address the increasing use of economic coercion by countries of concern, including the [People’s Republic of China] to assess potential vulnerabilities of countries, including within their private...