Stock futures, which had been lower because of fears that Trump might institute Chinese investment bans and escalate a trade war, ticked up after news that his plan is less restrictive.
The House on Tuesday approved a bipartisan bill 400 to 2. "Using CFIUS on a case-by-case basis to try to change Chinese approaches to industrial policy would be neither efficient nor effective".
The measure gives the Committee on Foreign Investment in the United States more power to review sensitive investments involving China, Russia and state sponsors or terrorism, allows reviews of land purchases near US military installations and ports and could stop key technology from being exported to China and other countries.
While Wednesday's statement from the president does not explicitly mention China, reports indicated that Trump was considering much harsher measures to specifically block Chinese investment as part of the ongoing fight over Chinese theft of American intellectual property.
Last month, the White House said that by the end of this week, it would announce tight new curbs on Chinese investment.
The Senate Banking Committee also approved a version of the reform, so the two chambers will have to reconcile them into a single bill for Trump to sign.
President Donald Trump has announced the results of a review into Chinese investment in U.S. tech companies.
On Wednesday, Trump said the proposed legislation would allow the United States to protect its technological crown jewels without compromising an open investment climate."I have concluded that such legislation will provide additional tools to combat the predatory investment practices that threaten our critical technology leadership, national security, and future economic prosperity", he said.
The controls would be announced by tomorrow and would "be implemented shortly thereafter", it said.
"I welcome the president's tough action to prevent any country from stealing our vital technology through investing in or acquiring United States companies", Rep. Kevin Brady, the House Ways and Means Committee chair, said in a statement.
The Treasury-led panel reviews proposed acquisitions of USA assets by foreign investors, which the president can veto.
"It's never a good idea to politicize foreign economic policy", said John Zindar, a partner with the European-American Business Organization and a former U.S. Army intelligence officer.
The House passed a bill expanding CFIUS' authority this week.
He has often criticized China harshly, accusing it of "economic aggression", yet insisted that he considers Chinese President Xi Jinping a friend.
In his approach to China, Trump repeatedly has oscillated between tough talk and conciliation.
The president can direct CFIUS to heighten scrutiny on sensitive technologies. Rhodium Group estimates Chinese entities invested $29.7 billion in USA companies in 2017. "If they can't steal it, they want to buy it".
Meanwhile, trade tensions between the two countries remain high, with 25 per cent tariffs on US$34 billion worth of Chinese products due to come into force next week.
Senegal finished level with Japan on points in their group, missing out on the knockout stages due to having more bookings. His exit did little, however, to revive the sluggish South Americans, who had been second best in nearly every department.
Prince William has made a deeply moving visit to Jerusalem's holocaust museum on his first full day of engagements in Israel. Mary Magdalene in the Garden of Gethsemane. "We know some of the politics are hard , but this is not a political visit ".
The duo will be looking to impress and convince Deschamps for a start in the round of sixteen contest against a side from Group D. The second half was a slight improvement on the opening 45 minutes, with substitute Nabil Fekir finally showing some positivity.
If they can come through Saturday's tie, they may even start to believe that they can go all the way and win a third World Cup, a first since 1950. "Nine of the players on the pitch for Portugal are European champions, so that speaks of the quality, and we have been preparing for quite a while".
That means that we can finally turn all of our attention to free agency, which is slated to begin July 1. Looking ahead at free agency, there are quite a few reports that have connected James and George.
Argentina has only one point from two matches after drawing 1-1 with Iceland and recording an embarrassing 0-3 loss to Croatia. Argentina . "There is nothing I can pay them for the past seasons I've been with them other than to say "thank you very much".
In May this year, Samsung had lost the appeal against the initial verdict in which Apple had won the patent infringement claim. In the most recent stage of the case , Samsung was ordered by a federal jury to pay Apple $ 539 million in damages.
The Maricopa County Attorney's Office was last reported to have referred the case to the Yavapai County Attorney's Office . Uber also said it brought in former transportation safety board chairman Christopher Hart to advise the company on safety.
The 26-year-old is claimed to feel "exposed" after being made an honorary citizen by Chechnya leader Ramzan Kadyrov . Salah had a disagreement with the EFA in April over his image rights.
Mexico smashed but benefit from Germany collapse
In case of a draw or a loss, their chances will depend on whether South Korea manage to beat Germany in the other Group F match. The team won both its first matches in the tournament but has never achieved three consecutive victories in a World Cup .
Holders Germany knocked out of World Cup 2018
It is the fourth time in the last five World Cups that the defending champions have been eliminated in the group stage. They have far more quality than South Korea in their squad and should secure a comfortable victory in this one.
Wozniacki calls for Serena seeding at Wimbledon
But had Simona Halep not played with the level of mental strength as she did, Stephens would have probably won her second Major. The Wimbledon Championships start July 2nd, and one of the most interesting stories is Serena Williams' return from pregnancy.
Harley-Davidson Responds To EU Tariffs
Some analysts expect to see more instances of company shifts when the second-quarter earnings season kicks off next month. The company says it's doing so because of tariffs it's facing in a trade dispute between the US and the European Union.
English bulldog Zsa Zsa wins ugliest dog contest
A 9-year-old English bulldog was named the victor of the 2018 World's Ugliest Dog contest in the San Francisco Bay Area. Crowds cheered when Zsa Zsa was pronounced this year's ugliest. (AAP) Last year's victor , Martha.