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Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments

 
jake
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04/20/2018 04:31 PM
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Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments

The Trump administration is considering invoking a national economic emergency to block Chinese investments in U.S. technology companies, a senior U.S. Treasury official said Thursday.
The administration has explored the possibility of using the International Emergency Economic Powers Act to impose limits on investments from China in sensitive technology, Heath Tarbert, assistant treasury secretary for International markets and Investment Policy, said at a conference in Washington, DC.

Invoking a national economic emergency would give the president broad authority to restrict foreign investments in areas such as semiconductors and next-generation 5G wireless technology. The Trump administration has made blocking Chinese acquisition of U.S. technology a major focus of its trade agenda.

This week, the Federal Communications Commission voted unanimously to prohibit U.S. wireless carriers from using federal universal-service subsidies to buy equipment from Chinese manufacturers that the U.S. sees as posing a national security threat. That rule will go through a public comment period before a final vote to adopt it. On Monday, the Commerce Department banned U.S. companies from selling parts and software to China’s ZTE Corporation, saying the company had breached a settlement agreement over allegations of violating sanctions against North Korea.
[link to www.breitbart.com]
The remnant of Jacob will be among the nations, in the midst of many peoples, like a lion among the beasts of the forest, like a young lion among flocks of sheep, which mauls and mangles as it goes, and no one can rescue.
Anonymous Coward
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04/20/2018 04:33 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Well good then
jake  (OP)

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04/20/2018 04:37 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Well good then
 Quoting: REYMEGA TRUTH


yes very good
The remnant of Jacob will be among the nations, in the midst of many peoples, like a lion among the beasts of the forest, like a young lion among flocks of sheep, which mauls and mangles as it goes, and no one can rescue.
Terrebonne

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04/20/2018 07:36 PM

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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
bump


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We put a lot of energy into identifying the best system for getting things done, and constantly define and re-define the priorities.

We know things intuitively, without being able to pinpoint why, and without detailed knowledge of the subject at hand. We are usually right, and we usually know it.

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Terrebonne

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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
double post


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Last Edited by Terrebonne on 04/20/2018 07:37 PM
INFJ; We are the protectors; One Percent of the population.

We put a lot of energy into identifying the best system for getting things done, and constantly define and re-define the priorities.

We know things intuitively, without being able to pinpoint why, and without detailed knowledge of the subject at hand. We are usually right, and we usually know it.

[link to www.personalitypage.com]

.
Anonymous Coward
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04/20/2018 07:38 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
How does blocking investors help?
Anonymous Coward
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04/20/2018 08:04 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
koolaid keep drinking!
pokeye stir
Anonymous Coward
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04/20/2018 08:07 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
How does blocking investors help?
 Quoting: Anonymous Coward 76498100


Its a fk you gesture from the guy that wants to rule the world. It doesnt have to make sense, nor does it have to be good for the economy.

Just as long as he is giving commands.
Anonymous Coward
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04/20/2018 08:09 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Another epic catch. This is huge. Anyone who runs a business and relies on consumables made in China...stock up NOW. (study the great depression to learn more)

Between this, NAFTA, tariffs, etc., Prices are going up. Then, there will be a stall. During the stall Americans will have the opportunity to produce again but there will be a startup window of about 2 years. Two years of high prices and so so products....then, the American made stuff will circulate in.

Example - a friend of mine buys steel. It just went up 25%. So, he rose the cost of his products 13% because they were partially made of steel. This doesn't mean the product manufacturer or the consumer will benefit in the pocket, they will benefit from a) quality improvement and b) less unemployed in the USA which means more spending. The ore and fabrication plants will grow like crazy but this will take time (rebuild plants, negotiate, website work, transportation logistics, etc. As these factories grow, they will open up for military contracts. Takes a good sized company to sell to the military. They are strict.

In the beginning we pay 25% more for steel, but get a great big MADE IN USA on the products, less unemployed, more spending, better quality products in the future.

China on the other hand? 3,000,000 laid off. Laid off people means hungry people. hungry people are usually sent to war.
Anonymous Coward
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04/20/2018 10:03 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
How does blocking investors help?
 Quoting: Anonymous Coward 76498100


Because with enough investment you can end up owning 51% share. With 51% share you have open access to the tech.. I would assume he is trying to prevent that since all they do is steal our tech and try to make cheap chinese knock-offs..
Anonymous Coward
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04/20/2018 10:03 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
I see we're enemies of china apparently
Wondering Mind

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04/20/2018 10:49 PM

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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Well good then
 Quoting: REYMEGA TRUTH


yes very good
 Quoting: jake


Very good and safe for us, it would not be safe to open us up like that.

D0ITdoIT
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Anonymous Coward
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04/20/2018 11:46 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
How does blocking investors help?
 Quoting: Anonymous Coward 76498100


investors control, . .
possibly subvert product quality,
steal tech secrets, . .

there is a war, . .you do realize, don't you?

it's very similar to wwII when u.s.a. sold scrap
metal to japan, who then made ships, planes and bombs
to attack pearl harbor.

same old same old, but different now with a president
who just might exercise some sensibility for a change.
Anonymous Coward
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04/20/2018 11:46 PM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
How does blocking investors help?
 Quoting: Anonymous Coward 76498100


investors control, . .
possibly subvert product quality,
steal tech secrets, . .

there is a war, . .you do realize, don't you?

it's very similar to wwII when u.s.a. sold scrap
metal to japan, who then made ships, planes and bombs
to attack pearl harbor.

same old same old, but different now with a president
who just might exercise some sensibility for a change.
Anonymous Coward
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04/21/2018 12:02 AM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Good! Seems the average US citizen doesn’t know how to react with a true bonified leader.huffy
WHATTHE
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04/21/2018 04:12 AM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Fuck China, nuke them already!
Anonymous Coward
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04/21/2018 04:24 AM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
I hope he does something about them buying up all the houses meant for Americans to live in.
Anonymous Coward
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04/21/2018 04:31 AM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
Well if he changed his name to Mullin, then it could read

President Mullin is trumpeting the idea....
Anonymous Coward
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04/21/2018 04:36 AM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
If his opponent had won then they would probably have their goal fulfilled.
Anonymous Coward
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04/21/2018 04:36 AM
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Re: Trump Administration Mulling ‘Emergency’ Powers to Block Chinese Tech Investments
lock out the chinese and tell them to GTFO.





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