Shea Levin — text status

The U.S. Treasury has proposed new restrictions on American investments in China, Russia, Iran, North Korea, and Cuba, while removing Venezuela from the list following Nicolás Maduro’s ouster, Reuters reports. The proposed rules would restrict or prohibit investments in sensitive technologies, including artificial intelligence, semiconductors, quantum computing, hypersonic systems, and biotechnology. Certain small investments, publicly traded stocks, and pharmaceutical licensing agreements would be exempt.