WASHINGTON – President Donald Trump is shifting away from a proposal to impose limits on Chinese investment in American technology companies and high-tech exports to China. Instead, the president is calling on Congress to enhance an existing review process. The announcement Wednesday followed intense internal battles over the issue and published reports of impending bans on Chinese investment that had sent financial markets into a nose dive at the beginning of the week. Instead of immediate bans on Chinese investment designed to protect sensitive U.S.
Similar Stories to Trump Backs Off Limiting Chinese Investment In U.s. Technology Companies on Bing News
PAUL WISEMAN and KEN THOMAS - Associated Press, Portland Press Herald
Wed, 06/27/2018 - 6:54am
Sections: u.s.
Topics: Maine Cumberland County Portland
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