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On December 18, President Donald Trump signed enhanced screening measures for outbound investments to prevent US funds from supporting high-tech Chinese companies. The revised Comprehensive Outbound Investment National Security Act of 2025 (COINS Act) was passed as part of the National Defense Authorization Act (NDAA) for fiscal year 2026, which allocates $901 billion.

The COINS Act establishes new Treasury rules limiting investments in advanced semiconductors, AI systems, quantum computing, high-performance computing, and hypersonic systems in nations deemed concerning, including China, Iran, North Korea, Russia, and Venezuela. The NDAA also restricts the Department of Defense from purchasing sensitive materials like molybdenum and gallium from these nations and mandates the creation of a Biotechnology Management Office. Additionally, it extends oversight of Chinese biotechnology firms and requires annual reporting on military companies linked to China.