US Government Adds Chinese Chipmaker SMIC to Economic Blacklist

The United States government is adding dozens of Chinese firms, including the nation’s main chipmaker SMIC, to a trade blacklist on Friday morning, raising tensions with Beijing a couple of weeks before President-elect Joe Biden takes office.

The United States government is adding dozens of Chinese firms, including the nation’s main chipmaker SMIC, to a trade blacklist on Friday morning, raising tensions with Beijing a couple of weeks before President-elect Joe Biden takes office.

During a Friday morning broadcast interview with Fox Business Network, US Commerce Secretary Wilbur Ross said that the department also adding 11 affiliates of SMIC in order to prevent their access to more advanced US technology.

China’s foreign ministry responded to the US government decision urging Washington to top its “unjustified” crackdown on Chinese firms. 

During a press conference in Beijing, ministry spokesman Wang Wenbin told local reporters that the Chinese government will continue to take necessary measures to ensure its companies’ legitimate rights and interests.

On Twitter, political analysts Juan Hidalgo said that the US decision is President Donald Trump’s “efforts to cement his tough-on-China legacy, which will be quite beneficial for him in case he ends up running for president in four years.”


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