Current News | US to Blacklist Over 30 Chinese Companies – Here's What You Need to Know | #shorts

Current News | "BREAKING: US to Blacklist Over 30 Chinese Companies – Here's What You Need to Know" | #shorts #news

The US is planning to put more than 30 Chinese companies including Yangtze Memory Technologies Corp (YMTC) on a trade blacklist, Bloomberg reported. The move would prevent these Chinese companies from buying certain American components. The US Department of Commerce will add these Chinese companies to a so-called Entity List as early as this week, Reuters reported.

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#US #TradeBlacklist #ChineseCompanies #YMTC #EntityList #AmericanComponents #Bloomberg #Reuters #CommerceDepartment #cbcnews

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