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    US walks back China tech investment restrictions

    by 
    Swapna Krishna
    Swapna Krishna
    06.27.2018

    Earlier this month, President Trump announced that the US would impose a 25 percent tariff on imported Chinese goods from certain industries. There was significant worry that the president would also limit or block investment in US based tech firms if the company had 25 percent or more Chinese ownership. Now, according to Axios, it appears that these additional restrictions won't materialize; the president will limit himself to what Congress already has planned.