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US To Place Over 30 Chinese Firms On Trade Blacklist: Report

The US Department of Commerce will add the Chinese firms to the blacklist as early as this week.(File)
The US Department of Commerce will add the Chinese firms to the blacklist as early as this week.(File)
The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday.
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