Continuation of the National Emergency With Respect to the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China
In Simple Terms
The President is extending a rule that stops U.S. money from helping certain Chinese companies. This is because these companies might support China's military and spy activities.
Summary
On November 5, 2025, President Donald Trump issued a notice to continue the national emergency related to securities investments that finance certain companies in the People's Republic of China (PRC). Originally declared on November 12, 2020, this emergency addresses the threat posed by these investments, which allegedly support the PRC's military and intelligence activities through the Military-Civil Fusion strategy. The continuation extends the emergency for another year, citing ongoing concerns about the PRC's military-industrial complex and the use of Chinese surveillance technology. This action aims to protect the national security, foreign policy, and economy of the United States.
Official Record
Federal Register PublishedSigned by the President
November 05, 2025
November 07, 2025
Document #2025-19832
Analysis & Impact
💡 How This May Affect You
- Working families and individuals: May see limited investment options affecting retirement savings growth.
- Small business owners: Could face increased scrutiny on supply chains involving Chinese companies.
- Students and recent graduates: Might encounter fewer job opportunities in finance sectors affected by restrictions.
- Retirees and seniors: Investment portfolios might require adjustments due to restricted Chinese securities.
- Different regions (urban, suburban, rural): Urban areas with financial sectors may experience more direct economic impacts.
🏢 Key Stakeholders
- U.S. investors face challenges with restricted access to certain Chinese securities.
- Chinese companies in the military-industrial complex lose U.S. investment opportunities.
- Financial services industry impacted by compliance requirements and investment restrictions.
- Department of the Treasury responsible for implementing and enforcing investment bans.
- Human rights advocacy groups support the continuation to curb Chinese surveillance abuses.
📈 What to Expect
Short-term (3–12 months):
- Increased scrutiny of U.S. investments in Chinese securities.
- Potential market volatility affecting U.S. and Chinese stocks.
- Heightened diplomatic tensions between U.S. and China.
Long-term (1–4 years):
- Diversification of U.S. investment portfolios away from Chinese companies.
- Strengthened U.S. policies on foreign investment and technology transfer.
- Possible decoupling of U.S.-China economic relations.
📚 Historical Context
- Follows Trump’s 2020 Executive Order 13959 targeting Chinese military-linked investments.
- Builds on Biden’s 2021 expansion through Executive Order 14032, addressing surveillance tech threats.
- Similar to Reagan's 1983 sanctions on USSR, targeting economic ties to curb military advancements.
- Reflects ongoing U.S. strategy to economically isolate adversaries, akin to Cold War-era policies.
- Notable for sustained bipartisan consensus against PRC's military-economic integration.
Related Actions
Nov 07, 2025
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