The Ford Motor Co. logo sits on the exterior of the automaker’s factory in Cologne, Germany. (Photographer: Krisztian Bocsi/Bloomberg)

First FedEx, Now Ford. China Clamps Down on U.S. Companies

(Bloomberg) -- China fined Ford Motor Co.’s main joint venture in the country for antitrust violations, marking the latest action toward a U.S. company as tensions between the two nations escalate.