Treasury Proposes Expanded High-Tech Investment Curbs — SkimNews
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- Treasury Department proposed a rule Thursday to curb U.S. high-tech investment, including AI, in China, Russia, North Korea and other “countries of concern.”
- Outbound Investment Security Program restrictions would expand under the proposal, with hypersonic systems among the technologies covered.
Why it matters: For American high-tech investors, Thursday’s proposal expands an existing Outbound Investment Security Program rather than creating a stand-alone regime; the broader outbound-investment rules would cover both AI and hypersonic systems in China, Russia, North Korea and other countries of concern.
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