Trump to Limit Chinese Investments in U.S. High-Tech Industries

President Trump said that he would proceed with tariffs on $50 billion in Chinese imports and introduce new limits on Chinese investment in U.S. high-tech industries as part of a broad campaign to crack down on Chinese acquisition of U.S. technology. “The United States will implement specific investment restrictions and enhanced export controls for Chinese people and entities related to the acquisition of industrially significant technology,” the White House said in a brief statement.