The United States added dozens of Chinese companies, including the country’s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co, to a trade blacklist on Friday as U.S. President Donald Trump’s administration ramps up pressure on China in
WASHINGTON — China’s largest chipmaker and national offshore oil and gas producer were added Thursday to a blacklist of alleged Chinese military companies, the Pentagon said in an evening statement. The Department of Defense designated a total of four companies as being either
The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and
WASHINGTON (Reuters) – The Trump administration on Thursday unveiled an executive order prohibiting U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese military, ramping up pressure on Beijing after the U.S. election. The order,
U.S. Secretary of State Mike Pompeo announced on Wednesday the State Department was designating the U.S. operations of six more China-based media companies as foreign missions, a move he said was aimed at pushing back against communist propaganda. Pompeo also told a
WASHINGTON (Reuters) – The U.S. Justice Department asked a federal judge in San Francisco early on Friday to allow the government to bar Apple Inc AAPL.O and Alphabet Inc’s Google GOOGL.O from offering WeChat for download in U.S. app stores pending an appeal. The
The Commerce Department announced Friday morning that it will ban U.S. business transactions with Chinese-owned social apps WeChat and TikTok on Sunday. The announcement comes as the Trump administration continues to look at a deal in which Oracle would take a minority
President Trump told reporters on Wednesday that he was not ready to approve a proposal from Chinese company ByteDance that would make Oraclea technology provider for ByteDance’s popular video-sharing app TikTok. ByteDance submitted a proposal to the Treasury Department over the weekend and
NEW YORK — The World Trade Organization ruled Tuesday that additional tariffs imposed in 2018 by the United States on Chinese goods violated international trading rules, a blow to the Trump administration’s trade war against the world’s second-largest economy. A
WASHINGTON/BEIJING (Reuters) – The United States has revoked visas for more than 1,000 Chinese nationals under a May 29 presidential proclamation to suspend entry from China of students and researchers deemed security risks, a State Department spokeswoman said on Wednesday.