Trump is prepared to raise tariffs on all imports from China to more than $500b. As a result, Chinese foreign direct investment into the US was only $1.8b in the first half of 2018, down 90% from the comparable period last year and the lowest in 7 years.
We expect startups headquartered in the US that are expecting capital from Chinese investors to be hit hardest because of increased regulatory red tape. Chinese investors, for their part, won’t have the same access to deals amid new restrictions on deals with US companies involving emerging technologies working through the legislative process in Congress (specifically, the Export Control Reform Act of 2018). According to reports published earlier this summer, the administration was specifically concerned about Chinese investment in robotics, aerospace, AI and more. US investors, on the other hand, may not be up against the same level of scrutiny. China has taken a different approach as the trade war has heated up, opting to play nice with foreign investors, approving large financings and "portraying itself as a champion of openness," per Reuters.
https://pitchbook.com/news/articles/how-trumps-trade-war-with-china-will-hit-vc-pe-and-ma