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US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries

The proposal would require notifications for some deals and bar artificial intelligence investments outright in target countries, while allowing national-interest exemptions.

  • On Thursday, the Treasury Department proposed rules to restrict American high-tech investments in China, Russia, North Korea, and other "countries of concern" to prevent military advancement.
  • Congress passed the Comprehensive Outbound Investment National Security Act in December 2025, expanding bipartisan restrictions first established by President Joe Biden in 2023 through executive order.
  • Investments exceeding $50,000 trigger the rules, which ban artificial intelligence termed "superintelligence" due to rapid advances. Treasury Assistant Secretary Chris Pilkerton said measures target "the network, the supply chain, and things like that."
  • Treasury excluded Venezuela because Nicolas Maduro's government "no longer exists" following his capture, while rules exempt licensing agreements for U.S. pharmaceutical companies including Pfizer.
  • Public comment periods close December 7 before final rules take effect. Russia's inclusion follows President Donald Trump's recent sanction waiver, reflecting tensions between security concerns and diplomatic engagement.
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Legislation aims to strengthen the control of US investments in China and other countries considered adversaries with the aim of protecting the national security of the United States.

·Lisboa, Portugal
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US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries

The U.S. Treasury Department has proposed a rule to crack down on American high-tech investments in China, Russia, North Korea and other “countries of concern.’’

·New York, United States
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The new rules cover investments in advanced semiconductors, artificial intelligence and military-use technologies, as well as certain biotechnological compounds and materials and brain-computer interfaces

·Portugal
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The Business Journal broke the news on Thursday, October 22, 2026.
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