US President Signs Memorandum to Curb Chinese Investments in Strategic US Sectors
Washington, February 22 (QNA) – US President Donald Trump has signed a memorandum aimed at curbing Chinese investments in strategic US sectors, including technology and critical infrastructure.
The memorandum aims to enhance foreign investments while simultaneously protecting US national security interests, particularly against threats posed by foreign adversaries such as China, the White House said.
The memorandum, titled “America First Investment Policy,” directs the Committee on Foreign Investment in the United States (CFIUS) to restrict investments from China in technology, critical infrastructure, healthcare, agriculture, energy, and raw materials.
The US accuses China of using investments to acquire advanced technologies and intellectual property from American companies.
This action comes amid ongoing trade tensions between the US and China, with Trump having recently imposed additional tariffs on Chinese goods.
Despite these measures, Trump has indicated that a trade deal with China is still possible. (QNA)
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