U.S. To Slam Restrictions On Chinese Investments As Trade Dispute Escalates • Channels Television

President Donald Trump this week is due to launch the next phase of his economic confrontation with Beijing, with new restrictions on Chinese investments to clamp down on access to sensitive American technologies.

That could open US firms like Apple and General Motors up to new forms of retaliation from China and experts worry it also marks another step in government intervention in the free market, a “radical departure” for the United States that could prove mutually destructive.

While Trump has threatened to strike back against China’s retaliation to the US tariffs due to take effect July 6 — potentially escalating the tariffs’ coverage to $450 billion in Chinese goods — the Treasury Department is also expected to unveil the new investment and export restrictions this week.

Citing national security concerns, which the…