Coronavirus: U.S. Tightens Tech Export Restrictions To China

On Monday, United States said it would impose new rules and restrictions on exports to China restricts semiconductor production equipment and other latest technologies to goes in the wrong hands.

According to new rules, U.S. companies will require licenses to sell certain items to China’s companies that support the military. Even the companies that sell other products also need licenses.

Also read: The BEST Film Ever: Mahesh Babu’s Pokiri Is Trending On Twitter Even After 14 Years


The new rules come as relations between China and the United States have worsened due to the Coronavirus pandemic.

On Tuesday, the new rules, which were posted for public inspection, will be published on the Federal Register. It could hurt the sales of civil aviation parts and components as well as the semiconductor industry to China.

Commerce Secretary Wilbur Ross said in a statement,

“It is important to consider the ramifications of doing business with countries that have histories of diverting goods purchased from U.S. companies for military applications.”

Also read: This Is The Expected Price Of Coronavirus Vaccine As Per The Serum Institute Of Pune

He added,

“Certain entities in China, Russia, and Venezuela have sought to circumvent America’s export controls, and undermine American interests in general, and so we will remain vigilant to ensure U.S. technology does not get into the wrong hands.”

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Latest news

Are you planning to get away from the hustles of life and work? Want to spend some quality time...
Vacations are the best part of life which rejuvenates our soul and body. Working non-stop and taking all the...
Darwin is one of the best destinations for travelers who come to enjoy the wildlife, picturesque landscapes, and pristine...
India is land of diverse cultures and with so many unique places to visit but if you are an...

You might also likeRELATED
Recommended to you