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Trump orders use of CFIUS to restrict Chinese investments in strategic areas

  • U.S. President Donald Trump signed a memo to limit Chinese investments in strategic sectors like technology and health care, reportedly due to trade tensions between the U.S. And China.
  • The memo allows the Committee on Foreign Investment in the United States to impose restrictions and create a fast-track process for investments from U.S. Allies and partners.
  • Trump accused China of exploiting U.S. Capital to enhance its military capabilities and directed efforts to prevent investments that benefit the People's Republic of China's Military-Civil Fusion strategy.
  • The White House emphasized that the investment policy is crucial for national and economic security, allowing foreign investments that align with American interests while safeguarding sensitive areas.
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Reuters broke the news in United Kingdom on Friday, February 21, 2025.
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