US may hit more than 100 Chinese & Russian firms with trade restrictions over alleged military ties – report ...News

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US may hit more than 100 Chinese & Russian firms with trade restrictions over alleged military ties – report
source : Russia Today ( News ) () 13
The Trump administration is planning to designate 89 Chinese and 28 Russian entities as “military end-users,” restricting American companies from doing business with them, Reuters reported citing a draft document. If the list is published, US suppliers will have to obtain special licenses from the US government to export various items to those firms. This reportedly applies to everything from computer software like word processing, to scientific equipment like digital oscilloscopes, and aircraft parts and components. While obtaining such a license is possible in theory, the rule, drafted by the US Commerce Department, says that applica

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