US President Donald Trump speaks in the Oval Office of the White House, on the day Howard Lutnick is sworn in as US Commerce Secretary by Vice President JD Vance, in Washington, Feb 21. (Reuters-Yonhap)
US President Donald Trump signed a memorandum Friday to create a “fast-track” process to facilitate investment from US allies and partners, and restrict China-affiliated people from investing in America’s strategic sectors.
Trump inked the “America First Investment Policy” memo, accusing China and other foreign adversaries of systematically directing and facilitating investment in US companies and assets to obtain cutting-edge technologies, intellectual property and leverage in strategic industries.
“The United States will create an expedited fast-track process, based on objective standards, to facilitate greater investment from specified allied and partner sources in US…
