Clifford Chance

The New Legal Landscape for Cross-Border Investment in the United States: What Investors in Europe and Asia Need to Know

13 August 2018

As part of President Trump's continuing trade policies and the US government's efforts to restrict foreign control of US national security and infrastructure assets—with particular attention to China—President Trump has signed legislation imposing significant new restrictions on inbound investment into the United States. While the final version of the legislation, entitled the Foreign Investment Risk Review Modernization Act (FIRRMA), did not go as far as earlier drafts considered by Congress or some of the statements made by legislators, it does intensify the foreign investment review process run by the Committee on Foreign Investment in the United States (CFIUS) in important ways.

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