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President Trump signs executive order to block investment in businesses benefiting China's military
justthenews.com ^ | 11/12/2020 | Alex Nitzberg

Posted on 11/12/2020 10:08:29 PM PST by bitt

The order prohibits such investments beginning on Jan. 11

President Trump on Thursday signed an executive order to block investment in Chinese businesses that the administration says benefit China's military.

The order prohibits such investments beginning Jan. 11, 2021, but allows divestment from investments that include the Chinese securities through Nov. 11, 2021.

"Today, President Donald J. Trump signed an Executive Order to protect American investors from funding Communist Chinese military companies, including those designated by the Department of Defense in June and August of 2020," National Security Advisor Robert O'Brien said in a statement.

O'Brien also argued in the statement that many of targeted companies are publicly traded on stock exchanges around the world, and individual U.S. investors can unknowingly provide funds to them through passive institutional investment vehicles such as mutual funds and retirement plans.

"The president’s action serves to protect American investors from unintentionally providing capital that goes to enhancing the capabilities of the People’s Liberation Army and People’s Republic of China intelligence services, which routinely target American citizens and businesses through cyber operations, and directly threaten the critical infrastructure, economy, and military of America and its allies and partners around the world," he wrote.


TOPICS: Constitution/Conservatism; Extended News; Foreign Affairs; Government
KEYWORDS: again; chinasmilitary; executiveorder; trump

1 posted on 11/12/2020 10:08:29 PM PST by bitt
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To: bitt

I wish he’d sign an executive order making it illegal for all his policies to be undermined by any new administrations that come along in 2024, after his second term in office


2 posted on 11/12/2020 10:12:22 PM PST by Bob434
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To: bitt

What a low blow. He’s kicking the Bidens right in the jewels!


3 posted on 11/12/2020 10:22:26 PM PST by TigersEye (Just call me President Elect TigersEye)
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To: bitt

China is trying to take over America, period.


4 posted on 11/12/2020 10:25:41 PM PST by Crucial
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To: bitt

Can’t wait to hear how “the office of the president-elect” justifies undoing this EO!


5 posted on 11/12/2020 10:41:07 PM PST by Retrofitted
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To: bitt

I sure hope Trump’s election litigation gets him a second term. He’s so great.


6 posted on 11/12/2020 10:47:00 PM PST by KittyKares (Investigate the fraud and do a recount)
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To: bitt
Didn’t Trump undo some of Obama’s EOs, only to have the courts rule that he couldn’t?

I doubt any court will give Biden guff for undoing Trump’s executive orders, however.

7 posted on 11/12/2020 10:48:25 PM PST by TheDandyMan
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To: bitt

Bookmark


8 posted on 11/12/2020 10:52:09 PM PST by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: bitt
It is well-known that China has concentration camps so President Trump should announce and additional 15% concentration camp tariff on top of existing tariffs on all Chinese imports until China abolishes its concentration camps. Let’s see how the possible Biden administration could undo that without serious political blowback.

Beside fighting the massive, incontrovertible voter fraud for creepy Joe Trump also needs to be setting landmines for his administration that he cannot undo without political peril.

This is war and it is time to fight dirty.

President Trump should do the following:

If President Trump thinks that the left will let him live in peace after the coup he would be delusional.

9 posted on 11/12/2020 11:40:59 PM PST by wildcard_redneck (COVID lockdowns are the EstablishmentÂ’s attack on the middle class and our Republic)
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To: wildcard_redneck

http://www.freerepublic.com/focus/f-news/1817411/posts

Trump’s failure to purge the US Attorneys created unnecessary grief for the President.


10 posted on 11/13/2020 2:18:20 AM PST by buckalfa
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To: bitt
Meanwhile...

US election: China congratulates Joe Biden on victory

Interesting timing, eh?

I think the enemies of our republic are getting desperate.

11 posted on 11/13/2020 2:51:18 AM PST by mewzilla (Break out the mustard seeds.)
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To: bitt

There goes Biden’s freezer money plan.


12 posted on 11/13/2020 7:33:38 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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