In a bold move anticipated to impact US-China relations, former President Donald Trump has announced plans to leverage the Committee on Foreign Investment in the United States (CFIUS) to restrict Chinese investments in strategic sectors. Speaking from the White House, Trump emphasized the necessity of protecting American interests against foreign influence, particularly from China, which he characterized as a significant economic competitor. “We need to ensure that our technology and our sensitive information do not fall into the hands of those who may use it to undermine our national security,” Trump stated. The executive memo, slated for release next week, will outline specific industries deemed critical, potentially including technology, telecommunications, and energy sectors. In related remarks, a spokesperson for the White House confirmed that the administration views CFIUS as a crucial mechanism in safeguarding the U.S. economy. In response, Chinese officials have indicated they are prepared to retaliate against any measures that threaten their investments, with a warning that such actions could lead to further economic tensions between the two nations. A spokesperson for China’s Foreign Ministry remarked, “We are closely monitoring the situation and will take necessary actions to protect our rights and interests.” This move comes amid ongoing trade negotiations and increasing scrutiny of Chinese acquisitions in America. Analysts suggest that Trump’s strategy may escalate the already complex dynamics of U.S.-China trade relations, making cooperation more difficult as both nations navigate their respective economic priorities.
