Thursday, November 12, 2020 |
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(Worthy News) -President Trump signed an order on Thursday barring U.S. investments in Chinese companies owned or controlled by China‘s military, as he tees up a series of executive actions on school choice, immigration and other conservative priorities before Jan. 20 that would force presumptive President-elect Joseph R. Biden to work to reverse next year.
The order, which could impact some of China‘s biggest companies, was necessary because Beijing is “increasingly exploiting United States capital” to develop its military and intelligence capabilities, Mr. Trump said.
“To protect the United States homeland and the American people, I hereby declare a national emergency with respect to this threat,” the president said. [ Source: Washington Times (Read More…) ]
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