US proposes rules to stop Americans from investing in Chinese technology with military uses

FILE - The Treasury Building is viewed in Washington, May 4, 2021. The proposed rule, released Friday, June 21, 2024, stems from President Joe Biden’s August 2023 executive order regarding the access that “countries of concern” have to American dollars funding advanced technologies that the U.S. government says would enhance their military, intelligence, surveillance, and cyber capabilities.

The proposed rule outlines the required information that U.S. citizens and permanent residents must provide when engaging in transactions in this area, as well as what would be considered a violation of the restrictions.U.S.

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US proposes rules to stop Americans from investing in Chinese technology with military usesThe Treasury Department has fleshed out its proposed rule that would restrict and monitor U.S. investments in China for artificial intelligence, computer chips and quantum computing.
Source: ksatnews - 🏆 442. / 53 Read more »

US proposes rules to stop Americans from investing in Chinese technology with military usesThe Treasury Department has fleshed out its proposed rule that would restrict and monitor U.S. investments in China for artificial intelligence, computer chips and quantum computing.
Source: wjxt4 - 🏆 246. / 63 Read more »