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Photo: Chip Somodevilla/Getty Images

Senator Marco Rubio will introduce a bill Wednesday that would bar Chinese-owned companies from qualifying for small business assistance.

The big picture: It's another move in Rubio's campaign to curb Chinese influence. He's recently sounded the alarm on issues ranging from intellectual property theft to human rights violations.

Timing: The bill comes as the Trump administration is reportedly gearing up to limit Chinese companies' ability to invest in U.S. tech companies.

The details:

  • The bill includes businesses that are headquartered in China, are owned by Chinese entities, or have at least 25% of their voting stock owned by Chinese investors.
  • Under current law, any small business that legally operates in the U.S. could qualify for grants or loans under small business assistance.
  • Why it matters: The bill would ensure that money intended to stimulate the growth of American businesses does not go to Chinese-owned firms.

One more thing: Rubio is also adding language to multiple appropriations bills that would ban federal agencies from buying products from ZTE — a Chinese telecom giant that has repeatedly violated U.S. sanctions and has been labeled a national security threat by the Pentagon.

The backdrop: Rubio has been a vocal opponent of President Trump's deal to save ZTE from a Commerce Department ban, which stopped American companies from selling parts to it. He supported the Senate's vote to reinstate the ban.

Go deeper

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat — Study: Trump campaign rallies likely led to over 700 COVID-related deaths.
  2. World: Boris Johnson announces month-long COVID-19 lockdown in England — Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.
5 hours ago - Health

Boris Johnson announces month-long COVID-19 lockdown in England

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in England, Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

Updated 6 hours ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.