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Trump may use an obscure national-emergency law to ban some Chinese companies from investing in the

JANFU

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Trump, Treasury block China investment in US tech companies - Business Insider

The new possible restrictions would be created using the 1977 International Emergency Economic Powers Act, according to Bloomberg. The administration would place limits under the assumption that Chinese investment in these businesses would constitute an economic threat to US national security, with a focus on emerging tech like 5G networks and semiconductors.

The reasoning would be similar to the Trump administration's justification for blocking semiconductor Broadcomm's takeover of rival Qualcomm earlier in March.

The Treasury Department is also mulling other steps, according to the report. Among the possible crackdowns is a "reciprocal" restriction in response to China's protections of some industries.
More coming to protect US Companies and protect the Tech lead the US presently has.


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Absolutely smashing idea.

Everyone knows that those __[fill in the blank]__ have absolutely no scientific or industrial skills of their own and have to steal everything from the one country in the world that has invented everything from Aspirin to Zymurgy is the United States of America and if it wasn't for American scientists the world wouldn't have Television, Radar, Radio, Rockets, Steam Engines, Electricity, Paper, Printing, or even Beer.

In short, this move will force those __[fill in the blank]__ to develop their own products, which they can then produce using their own workforce, at their own prices and that will mean that American industry and science will completely dominate all trade outside of the United States of America.

Or is that just a bit too long a way of saying "This is likely stupid and is certainly going to have negative unintended consequences."?
 
Except our patent system was decimated by America Invents Act (bipartisan) and the Supreme Court. The strength of our patents (and essentially out tech) is weakened, thanks to our government that works for the big corporations who can just steal IP and then easily invalidate the patents if someone tries to sue them. Without patent protection, new startups and small companies don't stand a chance.

Meanwhile, China is strengthening their patent system, filing the most about of patents, and scientific articles
 
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