Jorge González-Gallarza, E21
The White House is set to strengthen the oversight framework for both Chinese investments into the United States and US exports to China of what it bills as “industrially significant technologies” (ISTs) in a plan to be issued by the end of the week, per the Wall Street Journal.New restrictions to be issued by the Treasury are set to expand the role of the Committee on Foreign Investment in the US (CFIUS), the interagency panel vetting foreign ventures that pose significant national security risks. Read more here....
By Christian Larsen, National Defense Magazine: “While penalizing China through tariffs and trade sanctions may incentivize better behavior, unlimited tariffs and sanctions can impose unwanted harm upon U.S. companies that rely on East Asian capital, suppliers and consumers. Tariffs and sanctions can also incentivize Beijing to act aggressively.”