US Treasury proposes outbound investment screening rules for sensitive tech

The US Treasury issued a proposed rule implementing the Outbound Investment Security Program, requiring notification and prohibiting certain US investments in foreign entities engaged in sensitive technologies. This marks a concrete step in US efforts to restrict capital flows to adversaries, particularly China, in areas like AI and semiconductors. The rule's scope and final provisions remain subject to public comment and revision.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works