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Stocks dive 600 points from their high after reports Trump will crack down on Chinese companies investing in the US

Stocks tumbled amid reports of new restrictions being considered by the Trump administration, which could limit Chinese investment into US tech companies.

  • Stocks tumbled in afternoon trading on Tuesday amid reports that the Trump administration is considering a crackdown on Chinese investments into US companies.
  • The new rules would focus on preventing Chinese investment into emerging technologies like 5G.
  • Other ideas include "reciprocal" limits on investments into industries that China is already protecting.
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The Trump administration once against fanned the flames of a global trade war on Tuesday amid a new report that it could move to block China from investing in certain types of US tech companies.

Bloomberg

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