On June 21, 2024, the U.S. Department of the Treasury proposed new rules to implement President Joe Biden’s executive order aimed at restricting American investments in certain technologies being developed by China. These technologies, which include artificial intelligence systems, are deemed threats to national security. This move marks a significant step in the ongoing effort to curtail China’s advancements in sensitive technological sectors. For more details, read the full article by Tom Zanki on Law360.