President Donald Trump’s latest move to restrict Chinese investment in strategic areas shows the president may be even more aggressive than ever toward the U.S. rival in his second term.
“Although it will take time for the necessary agency and regulatory actions necessary to implement the policy, Trump 2.0 is taking an even more hawkish approach to China as he did in his first term,” Larry Ward, a national security law expert and current partner at the international law firm Dorsey & Whitney, told Fox News Digital.
The comments come after Trump signed a memorandum last week that directed the Committee on Foreign Investment in the United States (CFIUS) that aims to both promote foreign investment from some countries while restricting investment from adversaries such as China, protecting U.S. national security interests.
“The Committee on Foreign Investment in the United States (CFIUS) will be used to restrict Chinese investments in strategic U.S. sectors like technology, critical infrastructure, healthcare, agriculture, energy, raw materials, and others,” reads a fact sheet about the memorandum released by the White House last week.
Nevertheless, Ward believes Trump’s memorandum signals that the president is more committed than ever to combating Chinese threats to U.S. security.
“The biggest thing about this policy is that President Trump is not afraid to say that really the threat here is China,” Ward said. “Everybody that sort of works in this space knows that, but it was the elephant in the room, right? People sort of weren’t willing to speak about it publicly. And President Trump has really come out and said through this policy, yeah, China’s the concern.”
Michael Lee is a writer for Fox News. Prior to joining Fox News, Michael worked for the Washington Examiner, Bongino.com, and Unbiased America. He has covered politics for more than eight years.
Leave a Reply