The U.S. sanctioned several Chinese and Russian companies on Monday for allegedly supplying a blacklisted Russian firm with parts to make drones for Moscow’s war effort in Ukraine. The Commerce Department announced sanctions against 28 entities in total, nine of which were implicated in the effort to sell parts to the blacklisted Special Technology Center…
At the latest hearing of the House select committee on China, Republicans argue for decoupling while Democrats contend the move would hurt American businesses.
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) is reportedly preparing to indefinitely extend waivers that allow Korean and Taiwanese chipmakers to operate high-end semiconductor factories in China. U.S. Senators Marco Rubio (R-FL) and Josh Hawley (R-MO) sent a letter urging U.S. Secretary of Commerce Gina Raimondo to reject these waivers, which would undermine […]