The proposed U.S. tariffs on an additional $200 billion in Chinese goods, if implemented, could harm the world’s second-largest economy, said Piyush Gupta, CEO of Singapore’s DBS Bank. That’s because the targeted Chinese goods include a greater number of finished products, which can be replaced by similar ones from other sources, he said.

Biden would also use the threat of withholding a billion dollars in American loan guarantees to pressure Ukrainian President Petro Poroshenko to fire the prosecutor general. At the time the prosecutor had been investigating Burisma, a Ukrainian natural gas giant that Biden’s son, Hunter, was a board member on.