This is the second move from the Department of Commerce in the past week to clamp down on U.S. exports to China.
The companies include various technology and research firms, such as CloudMinds, based in Beijing, which operates cloud-enabled robotic systems, and Qihoo 360, also in Beijing, which develops antivirus software.
A spokesperson for the Chinese embassy in Washington, D.C., did not return a request for comment fromThe department will add the companies to its Entity List, a section of the federal body of regulations outlining which foreign entities are prohibited from being sold American goods or technologies without the issuance of a special license to the exporter. The regulations specify key products that the Department of Commerce controls under this licensing regime that could implicate national security, foreign policy or nonproliferation concerns. They place a substantial focus on so-called"dual use" items which may be sold for civilian use but could have military applications as well. This is the second move from the Department of Commerce in the past week to clamp down on U.S. exports to China, further rattling a trade standoff between the two countries that had been subsumed by the coronavirus pandemic. Last Friday, the department announced a new rule seeking to restrict the ability of Huawei—China's crown jewel telecommunications company—to access critical inputs. The action was prompted by what Ross described as an evasion of earlier restrictions when the company was added to the Entity List in May 2019. According to Ross, Huawei had attempted to sidestep the designation by in-sourcing more of its manufacturing process. The rule, which will take effect in September, moves to limit this by preventing foreign plants enabled by U.S. technology from producing chips designed by Huawei without a license.In response to that announcement, the state-runcited a source close to the Chinese government as threatening"countermeasures" against prominent U.S. corporations such as Apple and Boeing. "China will launch rounds of endless investigations on those firms, just like swords hanging over their head," one"insider" told the outlet."It will dampen investors' confidence and squeeze their income in the Chinese market."
Please follow us on Google to support us United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'The Challenge' eliminated player on his brutal injury: 'The first 24 hours sucked'This week on 'The Challenge: Total Madness,' defending champion Jordan Wiseley got injured and lost to rookie Faysal Shawn 'Fessy' Shafaat in a headbanger. He tells EW exactly what happened and why he 'needed to lose.'
Read more »
Powerful cyclone hits India, Bangladesh, leaves 24 deadCyclone Amphan has reportedly killed 14 people in India while in Bangladesh up to 10 people have died. Most of the deaths were due to the collapse of walls, drowning and falling of trees in both countries.
Read more »
Floods, rain hit India and Bangladesh in wake of Cyclone Amphan; at least 24 deadOfficials warn that relief and repair work will be made harder by the coronavirus pandemic, which has already sapped the health care system.
Read more »
NHL discussing 24-team playoff format if sport resumes, per reportsMomentum seems to be building for the NHL to at least have a plan in place to resume its season. The specifics and logistics of when, where and how to do it safely remain unknown.
Read more »
India reports biggest 24-hour rise in virus cases as lockdown easesIndia registered some 6,000 new cases of the novel coronavirus on Friday, the country's biggest jump in 24 hours, as New Delhi eases a nationwide lockdown and airlines prepare to resume some domestic flights.
Read more »
24 Of The Most Powerful Photos Of This WeekViolent protests erupted, extensive weather damage was suffered, and crowds started to assemble amid easing coronavirus restrictions around the world.
Read more »