9 months ago
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(NewsNation) — Former President Donald Trump is visiting occidental Pennsylvania connected Monday to talk astatine an lawsuit held by the Protecting America Initiative, a nonprofit spotlighting the imaginable hazard posed by the Chinese Communist Party to the U.S. agriculture system.
If helium wins successful November, Trump has vowed to prohibition Chinese nationals from buying U.S. farmland.
China being portion of a marijuana foreign achromatic market successful Oklahoma and amassing farmland person been concerns for Americans this year.
The latest U.S. governmental information from 2021 showed that China owns little than 1% of foreign-owned land, portion Canada owns the astir astatine implicit 30%.
However, China has purchased much onshore wrong the past 3 years. Should the Chinese Communist Party summation power implicit indispensable parts of the nutrient proviso chain, it could pb to aboriginal disruptions oregon manipulation of the proviso of captious nutrient resources, critics argue.
Last June, the Treasury Department announced projected caller rules that would springiness the Committee connected Foreign Investment successful the United States, known arsenic CFIUS, the quality to artifact Chinese corporations from owning onshore adjacent U.S. subject bases.
Chinese billionaire Chen Tianqiao ranked 82nd successful a database of U.S. apical landowners successful a study released successful January aft purchasing 200,000 acres of timberlands successful Oregon successful 2015.
