Trump Blocks Hong Kong Firm's Acquisition Over Security Concerns
President Trump prohibits Hong Kong's Suirui International from acquiring U.S. audio-visual equipment supplier Jupiter Systems, citing national security risks. The U.S. Treasury Department, after reviewing the deal, identified potential threats related to Jupiter's products used in military and critical infrastructure settings.
Devdiscourse News Desk | Washington DC | Updated: 12-07-2025 00:24 IST | Created: 12-07-2025 00:24 IST
- Country:
- United States
U.S. President Donald Trump has intervened to prevent the acquisition of audio-visual equipment supplier Jupiter Systems by Hong Kong-based Suirui International, the Treasury Department announced.
The decision follows a thorough review by the Committee on Foreign Investment in the United States, which identified national security risks associated with the deal.
The Treasury Department emphasized concerns about Suirui's ownership potentially compromising Jupiter's products, which are integral to military and critical infrastructure environments.
(With inputs from agencies.)
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