UPDATE: Trump softens threat of new curbs on Chinese investment in U.S. firms
Last edited Wed Jun 27, 2018, 08:32 AM - Edit history (1)
Source: Washington Post
The Trump administration said it would rely on an existing Treasury Department-led committee to restrict new Chinese investments in American technology companies, backing away from a more aggressive approach that would have declared a national economic emergency and dramatically limited China’s ability to invest in the U.S.
President Trump opted instead to rely on legislation to enhance the powers of the committee known as the Committee on Foreign Investment in the United States or CFIUS, which reviews proposed acquisitions of US assets by foreign investors. At the end of its review, the president can block proposed investments.
Both the House and Senate have passed versions of a bill to increase the panel’s authority to review a variety of investments not covered under current law, including minority stakes. The measures passed with strong bipartisan support in both chambers. On Tuesday, the House bill was approved by a margin of 400 to 2.
The move caps an intense internal debate between Treasury Secretary Steven Mnuchin, who favored working within the beefed-up CFIUS process, and trade hard-liners like Peter Navarro, a White House advisor. The administration’s get-tough-on-China faction urged the president to employ sweeping powers under the International Emergency Economic Powers Act (IEEPA,) which would have allowed him to impose harsh limits.
Read more: https://www.washingtonpost.com/news/business/wp/2018/06/27/trump-softens-threat-of-new-curbs-on-chinese-investment-in-u-s-firms-2/?utm_term=.23a5c7b09bd4
Original article -
The Trump administration said it would rely on an existing Treasury Department-led committee to restrict new Chinese investments in U.S. technology companies, retreating from a more aggressive approach that would have resulted in a national economic emergency and dramatically limited China’s ability to invest in the United States.
President Trump opted to rely on legislation to enhance the powers of the panel known as the Committee on Foreign Investment in the United States, or CFIUS, which reviews proposed acquisitions of U.S. assets by foreign investors. At the end of its review, the president can block proposed investments.
This is a developing story. It will be updated.
https://www.washingtonpost.com/news/business/wp/2018/06/27/trump-softens-threat-of-new-curbs-on-chinese-investment-in-u-s-firms/?utm_term=.acf8fa4a9038
= new reply since forum marked as read
Harley-Davidson sucks and can go to hell.
We need to take care of China.
he and his family's "livelihood" in apparel may have been threatened. 
Jared's thing -
By Javier C. Hernández, Cao Li and Jesse Drucker
May 6, 2017
BEIJING — Jared Kushner has said that he has stepped away from the day-to-day business of his family’s real estate company while he serves as a senior adviser to his father-in-law, President Trump.
But Mr. Kushner’s relatives are working feverishly to solicit overseas money for projects in the United States, and they are highlighting their ties to Mr. Kushner as they court investors.
On Saturday afternoon, Mr. Kushner’s sister Nicole Meyer made a pitch to attract $150 million in financing for a Jersey City housing development, known as One Journal Square, to more than 100 Chinese investors gathered at the Ritz-Carlton Hotel in Beijing.
The money would be provided through a much-criticized government program known as EB-5 that awards foreign investors a path to citizenship in exchange for investments of at least $500,000 in American development projects.
https://www.nytimes.com/2017/05/06/world/asia/jared-kushner-sister-nicole-meyer-china-investors.html
Was following that whole fiasco last year. They were completely tone deaf to anything that had to do with "ethics". 
