Trump Orders Crackdown On Chinese Investments In Key Sectors Including Technology Citing 'National Security' Concern

Quick Summary:

Referring to the People’s Republic of China (PRC), the memorandum states, “The PRC does not allow United States companies to take over their critical infrastructure, and the United States should not allow the PRC to take over United States critical infrastructure.”

The Trump administration is also considering implementing new or stricter restrictions on outbound investments to Beijing in industries such as semiconductors, artificial intelligence, quantum technology, biotechnology, and aerospace.

What Happened: The White House memorandum, titled the “America First Investment Policy,” affirms the U.S.’s openness to foreign investment while directing CFIUS to impose restrictions on Chinese investments in key sectors such as technology, critical infrastructure, healthcare, agriculture, energy, and raw materials.

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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets: United StatesChina

Topics: Donald Trump Benzinga Politics BIDU US-China Trade BABA Artificial general intelligence News US0567521085 Tech Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 07:11:40 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26366763

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