Mnuchin suffers setback in U.S. plan to limit China investments
Story Date: 6/27/2018

 

Source: Saleha Mohsin and Jenny Leonard, WALLACES FARMER, 6/25/18

 
The Trump administration’s plan to deploy some of the most restrictive investment limits in its economic arsenal against China marks a setback for Treasury Secretary Steven Mnuchin’s effort to take a less confrontational approach toward Beijing.
Under the plan, the White House would use one of the most expansive legal tools available to declare China’s investment in U.S. companies involved in technologies such as new-energy vehicles...

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