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US to add over 30 Chinese companies to trade blacklist

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The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain Ameri

and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday .

Once a company is added to the entity list, its US suppliers must seek a special license to ship even low-tech items to it.

 

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US to add over 30 Chinese companies to trade blacklist -Bloomberg NewsThe Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday.The U.S Department of Commerce will add the Chinese companies to
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