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Report: Trump to order Committee on Foreign Investment in the U.S. to examine food security

As part of a trade agenda that would begin on the first day of his presidency, President-elect Donald Trump “would order the Committee on Foreign Investment in the U.S. to review food security in trade and reciprocity in international corporate takeovers (i.e. whether a U.S. company would be able to buy a Chinese company like a Chinese company would be able to be buy a U.S. company),” CNN said. CNN said it got the information from a Trump transition memo it had obtained.  Meanwhile, Senate Judiciary Committee Chairman Charles Grassley, R-Iowa, said he had received answers to questions he had posed to ChemChina about its planned acquisition of Syngenta, a Swiss company that has substantial operations in the United States, but that he still has concerns about ChemChina’s “possible use of the Foreign Sovereign Immunities Act.”

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Tri State Livestock News
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