Biden expands Trump's list of Chinese companies banned from US investment

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President Biden signed an executive order Thursday banning Americans from investing in 59 Chinese firms believed to be linked to China's military, expanding an earlier Trump administration order

Hong Kong / Washington, D.C. President Joe Biden has expanded a Trump-era ban on American investment in dozens of Chinese firms that Washington believes are linked to China's military.

Biden signed an executive order Thursday that prohibits Americans from owning or trading any securities tied to 59 companies, citing the threat of Chinese surveillance technology. The original order, signed by former President Donald Trump in November, applied to 31 Chinese companies that the administration said"enable the development and modernization" of China's military and"directly threaten" US security.Biden's new order goes into effect on August 2.

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Go biden

“expanding an earlier Trump administration order”? in other words: Don’t touch Trump policy just expand it! Trump I miss you dude🥺

Good, hopefully he isn’t done. We really need to quit relying on China so heavily.

China was saying Biden would be good for them....they didn’t realise...after all both Trump and Biden are American first !! China needs to be taken to task for its misdeeds

THE DEMOCRATS PUT US IN A WAR EVERY TIME. LOOK WHAT THEY HAVE DONE TO AMERICA. THEY HAVE MADE IT A WAR ZONE. THAT'S ALL THEY KNOW HOW TO DO

Where's the outcry of xenophobia now🦗🦗 I'll wait!!

Great move. It's not Trump vs Biden. It's good for the country

What so trump had something right to ban

Why hasn't he said anything about the war going on with women's bodies in Texas its not fair that man gets to decide what we do with our bodies the fact that the law was even pasted shows how much America doesn't care for its women

Bahahahaha 😂- Just wait till the end of the month! 🐸

iPhone related/Suppliers definitely not one of them. Coz Americans Love iPhones.

Amercian history, Just changing bloody faces. All policies are being controlled by Zionists.

Stop poking the dragon. Yanks!

Stupid and bad American government.

🤣🤣🤣🤣🤣🤣🤣🤣

Whole world knows that each Chinese company is related to Chinese Military directly or indirectly. Therefore every Chinese company should be banned By America and whole world Gradually.

Remeber when trump done it he was called racist

Keep expanding the list. The China liberalization experiment has failed; the CCP is more powerful than ever. They bully America’s allies, force western companies to bend to their authoritarianism, put people in “re-education” camps, and all of this is just a start. China

JoeBiden is xenophobic

Good 💯

there are so many enterprises doing business with us army, we should also banning them from investing china

What's the game?One hand positively contact our commercial minister for moderating the tense relationship,the other add bigger chips.Biden,are u kidding me?Or your mental ill attack, hands shaking,to cause cast a wrong card?This isn't a normal politician's doing,it's a kid game.

bullshit

Since this is an era when many people are concerned about 'fairness' and 'social justice', what is your 'fair share' of what someone else has worked for?

I thought it was just Trump.

Bullshit

Now do Russia

Points of agreement👍

So Biden’s racist then? Cause when Trump did it was racist and xenophobic

Give Biden credit where credit is due. Expanding Trump's order. Biden should expand other Trump orders, like at the southern border etc.

Uh oh! Ivanka will not be happy.

Just do everything Trump did plus 1 and shit will be better

horrible

Communism is superior.

Hey benfergusonshow are you doing anything about this? Fake right?

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Source: politico - 🏆 381. / 59 Read more »