Official: President Trump seeks to maintain investment environment open in the US, to use CFIUS to respond to China technology theft - closed door conference call (in-line with recent speculation)
- President decided against the harshest measures on China investment
- Working to ensure final version of CFIUS Bill is strong and flexible enought to addressw national security concerns
- Will undertake an examination of export controls to deal with threats to US technology
White House Statement:
- If Congress fails to pass changes on CFIUS then Trump will direct the Administration to deploy new tools on a global basis