US should meet China halfway to end trade spat

Having already announced plans to impose tariffs targeting a range of Chinese imports, the Trump administration is apparently also considering a crackdown on Chinese investments in the United States.

According to reports, Treasury Department officials are working on plans to identify technology sectors, such as semiconductors and 5G wireless communications, in which Chinese companies would be banned from investing.

Although the plans haven't been finalized yet, Commerce Secretary Wilbur Ross said on Tuesday that "there will be limitations on foreign investment", and pending legislation in the Senate and House of Representatives to bulk up the Committee on Foreign Investment in the US, which currently reviews foreign takeovers on a case-by-case basis, Trump will take "other action".