US Blacklists Chipmaker SMIC, Drone Company DJI Among Other Chinese Firms

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The United States added dozens of Chinese companies, including the country’s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology, to a trade blacklist on Friday as US President Donald Trump’s administration ratchets up tensions with China in his final weeks in office. Reuters first reported the addition of SMIC and other companies earlier on … Read more