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The United States added two Chinese companies to a trade restriction list on Tuesday for allegedly enabling human rights violations as President Joe Biden kept up the pressure on Beijing in the ...
Still, sanctions by Beijing targeting American defense companies tend to have a muted impact given that U.S. military firms don't sell arms or related goods to China. The tit-for-tat trade ...
An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]
WASHINGTON (Reuters) -The Biden administration said on Friday it has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South ...
Specifically, the United States claims China's access to advanced semiconductors enables their military to produce advanced military systems including weapons of mass destruction, improve the speed and accuracy of military decision-making, planning, and logistics, autonomous systems, and finally to commit human rights abuses. [1]
After the establishment of Communist rule in China in 1949, an embargo against the sale of military technology or infrastructure, previously levied against the Soviet Union, was expanded to include the newly established People's Republic of China. [2] Following the onset of the Korean War, further trade restrictions were imposed. [3]
The U.S. also is poised to place additional restrictions on Semiconductor Manufacturing International Co., China's largest contract chip manufacturer, which was placed on the Entity List in 2020 ...
The U.S.–China Relations Act of 2000 is an Act of the United States Congress that granted China permanent normal trade relations (NTR) status (previously called most favoured nation (MFN)) when China becomes a full member of the World Trade Organization (WTO), ending annual review and approval of NTR.