President Trump, already leading the U.S. into a trade battle with China, plans to ratchet commercial tensions higher by barring many Chinese companies from investing in U.S. technology firms, and by blocking additional technology exports to Beijing.
.. the measures are meant to forestall Beijing’s “Made in China 2025” plan to become a global leader in 10 broad areas of technology
.. With little evidence the escalating trade feud is hurting their economies, the U.S. and China aren’t close to backing down. Before one of them cracks, Heard on the Street columnist Justin Lahart warns, investors may get squeezed.