SPDR S&P 500 (SPY)

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Futures fall as Trump targets Chinese investment

Jun. 25, 2018 2:34 AM • SA Editor Yoel Minkoff

U.S. stock index futures are starting the week 0.6% lower as the WSJ reported that the Trump administration was crafting twin initiatives against China that would be unveiled later this week.

The first would block companies with at least 25% Chinese ownership from buying companies involved in "industrially significant technology."

"Enhanced" export controls are also in the works to counter Beijing's drive to become a world leader in technology under policy "Made in China 2025."

Previously: China, EU warn of global recession (Jun. 25 2018)

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https://seekingalpha.com/news/3365927-futures-fall-trump-targets-chinese-investment