Jul
19
Congress to Toughen Foreign Investment Reviews Amid Trade Fight With China
ByA new measure will affect both foreign firms seeking deals in the U.S. and American companies doing business abroad
Congress is poised to strengthen the procedures for vetting both foreign investments in the U.S. and overseas transactions involving cutting-edge American technology.
Negotiators from the Senate and the House reached a deal on the final text of the provision to bolster both the Committee on Foreign Investment in the U.S. and the U.S. export-control system, in an effort to block Chinese and other foreign transactions that could harm national security…
Congress to Toughen Foreign Investment Reviews Amid Trade Fight With China