Trump blocks acquisition of equipment supplier Jupiter Systems by Hong Kong firm
4 Articles
4 Articles
Trump Orders Chinese Company to Divest From US Business
President Donald Trump issued an order instructing Hong Kong-based Suirui International Co., Limited, to divest all its interests in Delaware-based Jupiter Systems, LLC, due to national security risks, the Department of the Treasury said in a July 11 statement. Suirui International is a majority-owned subsidiary of Suirui Group Co., Ltd., a company organized under the laws of China, the order said. Suirui International had acquired all interests…
Trump Orders Chinese Company to Divest From US Business - The Thinking Conservative
Trump instructed Hong Kong-based Suirui Int. Co., Limited, to divest all interests in Delaware-based Jupiter Systems, LLC, due to national security risks. The post Trump Orders Chinese Company to Divest From US Business appeared first on The Thinking Conservative.
President Trump Orders Unwinding of 2020 Acquisition of U.S. Audio Visual Technology Company by Chinese Company
On July 11, 2025, President Donald Trump issued an Executive Order directing that the February 2020 acquisition of Jupiter Systems, LLC of Delaware, and several of its foreign based subsidiaries (Jupiter), by Suirui International Co., Ltd. (Suirui), a Hong Kong/Chinese company, be unwound. Stating only that there is “credible evidence” Suirui might take action that threatens to impair the national security of the United States, the president ha…
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