, effectively requiring them to halt shipments of equipment to wholly Chinese-owned factories producing advanced logic chips.
"We recognize that the unilateral controls we're putting into place will lose effectiveness over time if other countries don't join us," one official said. "And we risk harming U.S. technology leadership if foreign competitors are not subject to similar controls." Earlier on Friday, the United States added China's top memory chip maker YMTC and 30 other Chinese entities to a list of companies that U.S. officials cannot inspect, ratcheting up tensions with Beijing and taking aim at a firm that has long troubled the Biden administration.The "unverified list" is a potential stepping stone to tougher economic blacklists, but companies that comply with U.S. inspection rules can come off the list. On Friday, U.S.
Since no tech company is objecting, this must be beneficial to them.
The US is the worst violator of our so-called 'international rules-based world order', violating the UN charter to UN SC resolutions, violating WTO rules on illegal tariffs & subsidies, etc, and they can't bear to lose their economic primacy to a country 4.25 x more populated.
Terrorist actions In plain sight
But for some reason blocking does not work well as countries who get stuff from Second or third countries will get around the blocking. Wish there was a fool proof way.
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Source: FoxNews - 🏆 9. / 87 Read more »