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Trump To Put An End To Chinese Taking Over US Tech Firms

2018-06-26 5 Dailymotion

The business relationship between the US and China may get a lot worse.<br />Business Insider reports new US Treasury Dept. measures could deepen the gulf between the pair.<br />They would block firms with 25% or more Chinese ownership from buying US tech companies.<br />The new curbs are designed to protect US intellectual property.<br />China announced tariffs on $50 billion worth of imports from the US last week.<br />The move was in response to President Trump's tariffs on Chinese goods, set to begin in July. <br />

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