US Treasury moves to curb American AI investment in China and Russia DAYS after Trump waived Russian sanctions
Treasury Secretary Scott Bessent wants hypersonic weapons, supercomputing, biotechnology and 'superintelligence', Trump's favoured word for AI, added to the restricted list. Only deals above $50,000 would be caught, and ordinary stock purchases are exempt. North Korea, Iran and Cuba are also in the firing line under a law Congress passed in December 2025. The public will be consulted before any final rule is issued.
Joe Biden launched the outbound investment crackdown with a 2023 executive order targeting China.
Russia's inclusion follows Trump's sanctions waiver after a diesel deal with Vladimir Putin.
Treasury fined Amidi $200,000 this month for failing to report a $92,478 Chinese investment.
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The IndependentUS Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe HillTreasury proposes curbs on high-tech investments in China, Russia, North KoreaBusiness StandardUS proposes rule to crack down on high-tech investments in China, othersFirstWord PharmaUS Treasury moves to curb investments in China's biotech industry - FirstWord PharmaIndependent Journal ReviewTreasury proposes expanding curbs to cover biotech and other tech investmentsMoneycontrol.comUS Treasury proposes rule to crack down on high-tech investments in China, other adversaries - Moneycontrol.comDemokratis.co.idTreasury Proposes Expanded Restrictions on US Investments in China - Demokratis.co.idTraverse City Record-EagleUS Treasury proposes a rule to crack down on high-tech investments in China, other adversaries - Traverse City Record-EagleMcAlester News-CapitalUS Treasury proposes a rule to crack down on high-tech investments in China, other adversaries - McAlester News-CapitalEagle-TribuneUS Treasury proposes a rule to crack down on high-tech investments in China, other adversaries - Eagle-TribuneCrypto BriefingUS Treasury proposes rules to block American investments in AI and semiconductorsSTATWill the Treasury restrict U.S. investment in the Chinese biotech sector? - STAT
