This is your idea of doing something simple? You can set up other kinds of corporation like LLC at least. Are other countries less restrictive? Seems like kind of a messy legal situation either way.
In Mexico it's really hard to buy property as a foreigner. It used to be you could not own coastal property at all, not sure if still true.
But I care that some president can simply say "Hey specific corporation, you have 45 days to comply with the rules that are in my head."
> You can't even do something as simple as set up an S Corp in the US if you are foreign.
Sure, that is a rule in the law, no problem with that. But what if I'm friends with Trump and he makes an exception just for me?
Here in Europe, we have separation of law, government and religion. I know it's a bit more blurry in the states (see the "In god we trust"). In this case (and in some other cases such as pardoning prisoners), your government seems to interfere with your law. In my opinion, that becomes very tricky business if you start eroding those rules. Because when you're friends with the government, the law doesn't apply to you. And if you're enemy with the government, forget about your rights.
Religion has nothing to do with it, besides indicating a familiarity with US politics being mistaken as understanding.
It was just another example how US blurs things that should be separated. In most European countries this would be a big NO for government to express a certain religion. You have it literally printed on your money.
This once again has very little to do with the situation at hand though I’m afraid, if you’d like more information as to why a president can seemingly tell a specific corporation what to do on a whim, see: https://en.wikipedia.org/wiki/Committee_on_Foreign_Investmen...
In both instances they're the result of the Constitution being so old and sacrosanct that you can no longer amend it in a meaningful way. You simply change the norms, stack the courts, and you've knocked out the leg of the stool that was supposed to uphold these ideals. A modern president moving around money allocated by Congress flies in the face of the Constitution. Same with an immigration ban based on religion. But the game has changed to "us v them", and if you get enough of your team in the judiciary they'll sign off whatever you want.
China has some of the most draconian restrictions on foreign ownership anywhere yet still gets access to foreign markets. Major US corporations are often forced to set up Chinese-majority-owned subsidiaries to operate in China and must cede huge amounts of control to the Chinese government. Time after time, this results in locals ripping off the technology of the foreign company and then the foreign company being replaced by a local company. Look at the long history of US tech startups failing in China.
The point is that whether you think this specific action is right or wrong, it's totally normal tit-for-tat geopolitics. Countries impose tons of restrictions on foreign-owned corporations. You can't even do something as simple as set up an S Corp in the US if you are foreign.