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WASHINGTON (Reuters) - The United States is set to add dozens of Chinese companies, including the country’s top chipmaker SMIC, to a trade blacklist on Friday, two people familiar with the matter told Reuters on Thursday.
The move, which has not previously been reported, is seen as the latest in President Donald Trump’s effort to cement his tough-on-China legacy. It comes just weeks before Democratic President-elect Joe Biden is set to take office on Jan. 20.
In total, the United States is expected to add around 80 additional companies and affiliates to the so-called entity list, nearly all of them Chinese.
The move, which has not previously been reported, is seen as the latest in President Donald Trump’s effort to cement his tough-on-China legacy. It comes just weeks before Democratic President-elect Joe Biden is set to take office on Jan. 20.
In total, the United States is expected to add around 80 additional companies and affiliates to the so-called entity list, nearly all of them Chinese.