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Bloomberg quoted sources familiar with the situation as reporting that the US President’s Trump administration is considering a variety of options, including restricting China’s investment in sensitive technology that the United States considers to be based on a legal clause reserved when the country is caught in an emergency.

The International Emergency Economic Power Bill, introduced in 1977, allowed the President of the United States to declare a state of emergency in order to respond to "unusual and major threats."

After declaring a state of emergency, the president can stop the transaction and confiscate assets.

Earlier this month, Trump ordered the prohibition of Broadcom (AVGO.O) acquiring Qualcomm on the grounds of national security considerations.

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