US to blacklist more Chinese firms – Bloomberg ...News

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US to blacklist more Chinese firms – Bloomberg
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Dozens of tech companies are reportedly expected to be put on a so-called Entity List The administration of US President Joe Biden plans to place major chipmaker Yangtze Memory Technologies (YMTC) and over 30 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg reported on Tuesday. Sources told the outlet that the US Department of Commerce will add the firms to a so-called Entity List as early as this week. According to the report, companies on this list are barred from buying technology from US suppliers unless they obtain a special export license. Wa

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