I don’t know about all the wrinkles of the regs, but this sounds to me like Trump has just prohibited any foreign investment in U.S. companies that also seek federal loan support.
I can readily understand and support requiring majority or even preponderant U.S. ownership and strict regulation (and enforcement) to police the fraud artists.
But broadly speaking, foreigners investing to help grow American businesses, including small businesses, is a good thing, not a bad thing.
“SMALL business loans”
“But broadly speaking, foreigners investing to help grow American businesses, including small businesses, is a good thing, not a bad thing.”
No. They are not bringing money here to invest. No one is preventing them from using THEIR OWN MONEY. These are SBA loans. Taxpayer money.
“Trump has just prohibited any foreign investment in U.S. companies that also seek federal loan support.”
Foreigners investing in U.S. businesses ... fine.
But if they’re expecting to use MY/YOUR money to do it, how does that make any sense? THEY aren’t investing at that point; we are.