The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump's administration ratchets up tensions with China in his.
US Adds Dozens of Chinese Firms Including Chipmaker SMIC and Drone Company SZ DJI to Trade Blacklist
Chinese chipmaker SMIC was earlier added to a US defence blacklist. By Reuters | Updated: 19 December 2020 10:33 IST
Action against SMIC stems from Beijing s efforts to use civilian technologies for military purposes
Highlights
Mike Pompeo said US will use all countermeasures available
SMIC will face tough review standard for 10nm or lower equipment
The United States added dozens of Chinese companies, including the country s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology, to a trade blacklist on Friday as US President Donald Trump s administration ratchets up tensions with China in his final weeks in office.
US adds Chinese firms SMIC, DJI to blacklist as tensions flare-up
Trump s administration ratchets up tensions with China in his final weeks in office.
(AP)
. Updated: 19 Dec 2020, 08:58 AM IST Agencies
The move is seen as the latest in US President Donald Trump s efforts to burnish his tough-on-China image, in his final weeks in the White House, as part of a lengthy fight between Washington and Beijing over trade and numerous economic issues
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The United States Commerce Department announced it s blacklisting dozens of Chinese firms, including the country s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, and over 60 other Chinese companies to protect US national security.
Trump administration adds dozens of Chinese firms including SMIC, DJI to trade blacklist
The move is seen as the latest in Republican Trump s efforts to burnish his tough-on-China image as part of lengthy fight between Washington and Beijing over trade and numerous economic issues
Reuters | December 19, 2020 | Updated 14:14 IST
China s foreign ministry said that if true, the blacklisting would be evidence of U.S. oppression of Chinese companies and that Beijing would continue to take necessary measures to protect their rights
The United States added dozens of Chinese companies, including the country s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as US President Donald Trump s administration ratchets up tensions with China in his final weeks in office.
Commerce Secretary Wilbur Ross testifies before a House Appropriations subcommittee on Capitol Hill in Washington on March 10. (AP file photo)
WASHINGTON The United States added dozens of Chinese companies, including the country s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump s administration ratchets up tensions with China in his final weeks in office.
Reuters first reported the addition of SMIC and other companies earlier on Friday. The move is seen as the latest in Republican Trump s efforts to burnish his tough-on-China image as part of lengthy fight between Washington and Beijing over trade and numerous economic issues.