Mnuchin suggests U.S. tech war is bigger than China

Treasury Secretary Steven Mnuchin tweeted that reports from Bloomberg and The Wall Street Journal that the Trump administration plans to block Chinese investment in U.S. tech are "fake news," saying the restrictions will apply to other countries, too.

Why it matters: It's a disingenuous slam of the media given everything the White House has said so far about its trade moves. The Trump administration has cited China — and only China — in official statements about intellectual property theft.