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Blacklisting companies now common strategy for getting upper hand

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Countries are using the steps to restrict the economic activities of certain foreign firms

The Huawei logo is pictured outside their research facility in Ottawa, Ontario, Canada. Picture: REUTERS/CHRIS WATTIE

Geneva/London — Tariffs are not the only weapon in a trade war. Countries are also turning to “blacklists” to restrict the economic activities of certain foreign companies. While such steps are often described as necessary to preserve national security, they are increasingly being deployed as policy tools to gain leverage in trade negotiations.

 

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