Beware of US 'Enemies', the Biden Administration Is Planning New Steps

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 The United States continues to organize measures to impose sanctions on countries that are 'hostile' to it.


Most recently, President Joe Biden's administration is reportedly considering an executive order to screen and possibly restrict US overseas investment in advanced technology development in China and other potential countries.


The Wall Street Journal reports that the White House may issue such an order in the coming months that monitors and potentially restricts outbound investment by US companies and investors.



The move follows the failure of his previous attempt to pass legislation that would have imposed similar sanctions that were dropped aimed at boosting America's competitiveness this summer.


The latest effort, to some extent, caused concern among some of the country's businesses and technology investors who described this move as likely to be difficult to implement and weaken the influence of the US economy.


China's embassy in Washington said its country opposed the order, saying the move would limit normal investment in Beijing, disrupt international trade and affect the global semiconductor supply chain.

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