Tag Archives: trade

US slaps trade restrictions on China’s top chipmaker

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The US didn’t waste much time blocking sales to China’s largest chipmaker. According to Reuters and the Wall Street Journal, the Commerce Department has added Semiconductor Manufacturing International Corporation (SMIC) to its entity list, effectivel...

US considers blocking deals with China’s largest chip maker

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The US’ trade bans on Chinese companies like Huawei and ZTE might have been just the beginning. The Defense Department has confirmed to the Wall Street Journal that agencies are discussing whether or not they’ll add China’s Semiconductor Manufacturin...

US tightens restrictions on Huawei to close trade loopholes

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The US government isn’t done attempting to block Huawei. Today, the US Commerce Department announced that it’s expanding trade restrictions meant to prevent Huawei from obtaining semiconductors without a special license, Reuters reports. The restrict...

The USA’s latest trade legislation is more bad news for Huawei phones

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Things are going from bad to worse for Huawei as the US government doubles down on its apparent crusade to prevent the Chinese tech giant from operating in the States. Following the further tightening of export controls on Huawei’s access to American...

US is reportedly investigating ZTE over new bribery allegations

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Just when it seemed that Chinese telecom manufacturer ZTE was in the clear, it is once again being investigated by the Justice Department. In March 2017, ZTE agreed to pay $1.19 billion and submit to a three-year probation period as punishment for vi...

US limits AI exports over fears it will fall into Chinese hands

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The US government's concerns about Chinese involvement in tech are leading to significant restrictions on AI. The Commerce Department is instituting a rule on January 6th that will require companies to obtain a license if they want to export certain...

US will grant Huawei trade ban exemptions ‘very shortly’

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The Commerce Department's de facto blacklisting of Huawei might loosen slightly in the near future. Commerce Secretary Wilbur Ross told Bloomberg in an interview that licenses allowing US companies to deal with Huawei would arrive "very shortly." The...