President Donald Trump signed an executive memorandum Friday limiting investment by China in critical industries in the United States. The memorandum, “America First Investment Policy,” asserted that Chinese investment could be used for malevolent ends.
Wilson Beaver, a policy adviser at the Allison Center for National Security at The Heritage Foundation, praised the move in a statement to The Daily Signal.
“Chinese malign foreign influence in critical sectors of American industry is a national security problem that should have been tackled years ago. This move by the Trump administration is an absolutely necessary step to protect American industry and defense supply chains, which are both critical to protecting American prosperity and security,” Beaver said.
Brent Sadler, a senior research fellow at the Allison Center for National Security at The…
