President Trump has once again raised the possibility of Chinese investment in the U.S. auto sector, but the responses of administration officials who were asked about the idea made it clear that such a development is unlikely.

At a hearing today of the U.S. House Committee on Financial Services, entitled "Evaluating the Operations of the Committee on Foreign Investment in the United States (CFIUS)," Chris Pilkerton, Assistant Secretary for Investment Security at the U.S. Department of the Treasury, responded to questions and comments

Meta's proposed purchase of AI startup company Manus has emerged as an early test case of China's rapidly evolving export control regime and national security laws.

Congressmen Ritchie Torres (D-NY) and Zach Nunn (R-IA) sent a letter to Treasury Secretary Scott Bessent calling for an immediate national security review of the proposed acquisition of iRobot by a company with ties to China. iRobot is best known for its Roomba line of robotic vacuum cleaners.

The Trump administration ordered the divestment of an asset purchase involving a semiconductor company, on the basis that one of the founders of the purchasing company is a Chinese citizen. At this time, there are few public details on the specific security concerns the administration has about the deal.

A U.S. appeals court has rejected a lawsuit challenging a new Texas law that restricts purchases of Texas land by individuals from foreign adversaries, finding that the plaintiff in this case did not have standing. However, the lawyer for the plaintiff expects that additional lawsuits will be brought in

Concluding his visit to China under the shadow of concerns about persistent trade imbalances, French President Emmanuel Macron oversaw the signing of new bilateral agreements, including a document to promote investment and a pact focused on agri-food trade.