The Aporia
Tang, D., & Wiseman, P. (2026, October 22). US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries. Toronto Star. https://www.thestar.com/news/world/united-states/us-treasury-proposes-a-rule-to-crack-down-on-high-tech-investments-in-china-other-adversaries/article_69c88e5a-919e-5aa5-a6c8-502373604102.html
Tang, Didi, and Paul Wiseman. “US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries.” Toronto Star, 22 Oct. 2026, https://www.thestar.com/news/world/united-states/us-treasury-proposes-a-rule-to-crack-down-on-high-tech-investments-in-china-other-adversaries/article_69c88e5a-919e-5aa5-a6c8-502373604102.html.
Tang, Didi, and Paul Wiseman. “US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries.” Toronto Star, October 22, 2026. https://www.thestar.com/news/world/united-states/us-treasury-proposes-a-rule-to-crack-down-on-high-tech-investments-in-china-other-adversaries/article_69c88e5a-919e-5aa5-a6c8-502373604102.html.
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As of October 22, 2026, the U.S. Treasury Department proposed a new rule to restrict American high-tech investments such as supercomputing and artificial intelligence in China, Russia, North Korea, and other designated "countries of concern." This follows an executive order signed by President Joe Biden in 2023 that initially targeted sectors like semiconductors, quantum computing, and AI. In December 2025, Congress expanded this program through a new law to include technologies such as hypersonic systems capable of traveling at five times the speed of sound, as well as more foreign nations including Cuba and Iran.
The proposal aims to prevent investments that could enhance these countries' military capabilities. Recent events have added complexity, with President Donald Trump waiving sanctions on Russia after a diesel deal between him and Russian President Vladimir Putin. This latest rule builds upon previous efforts to limit the technological advancement of adversarial nations through stricter financial regulations.
The U.S. government has been working for years to deny China and other adversaries investments that could help them boost their military power.
That program began in 2023 when then-President Joe Biden signed an executive order putting restrictions on outbound U.S. investments in sectors such as semiconductors, quantum computing and artificial intelligence going into China.