WASHINGTON (Reuters) - Senate Republicans and President Donald Trump will meet at the White House on Tuesday to discuss a measure before Congress aimed at tightening investment rules to better protect national security, Senator John Cornyn, the No. 2 Senate Republican, told reporters on Tuesday.
Cornyn has spearheaded efforts in Congress to win passage of a bill to tighten oversight of foreign investment. The measure, which is aimed at keeping China from acquiring high-end U.S. technology, has been put into a must-pass defence policy bill.
“This is not a trade issue. This is a national security issue,” Cornyn told reporters. “It is directed at the most egregious offender of this process, which is China, and I believe it’s something that’s very important in our national security.”
The White House said in a statement in January that it supported Cornyn’s measure.
Reporting by Timothy Ahmann; Writing by Diane Bartz; Editing by Chizu Nomiyama