Deals
Trump Team Takes Steps to Keep Chinese From Westinghouse
- White House worries bankruptcy may compromise nuclear secrets
- Cabinet members have discussed U.S. response to Chinese buyer
Officials Said Searching for U.S. Buyer for Westinghouse
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The Trump administration is so alarmed that Chinese investors may try to purchase Westinghouse Electric Co.’s nuclear business that U.S. officials are trying to find an American or allied buyer for the company instead, two people familiar with the matter said.
Cabinet members including Energy Secretary Rick Perry and Treasury Secretary Steven Mnuchin have discussed preventing Westinghouse’s purchase by a Chinese-linked company, three U.S. officials said.