18 December 2020
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Trump has blacklisted 10 other Chinese companies to deal with the US-China trade dispute. And the COVID-19 outbreak
President’s administrationDonald Trump The United States plans to add 80 more companies to the list of cheaper companies.Blacklist (Entity List) today, which includes semiconductor companies. Manufacturing International Corp (SMIC) and 10 other Chinese companies that will make it impossible for them to have access to US technology, including software and circuit boards.
Reuters reported, citing sources that Top Chinese companies that have been blacklisted, including Huawei and SMIC, have been hit by a dispute betweenChina andUnited States Both countries have blamed each other for everything from trade issues to the spread of COVID-19.
SMIC’s share price fell 4.3 percent this afternoon in the Hong Kong market. After Reuters reported that news, while the company Minimum wage Has not yet released any comment. About this news
However, it is expected that President Trump will lift more sanctions on Chinese companies before MrJoe Biden Officially assumed the position of President of the United States on January 20, 2021.
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