CNBC March 26, 2025
Key Points
– The U.S. has added dozens of Chinese entities to its export blacklist in the first such effort by the Trump administration to curtail China’s strides in artificial intelligence and advanced computing.
– The export restrictions come at a time when tensions between Washington and Beijing have been rising with the Trump administration ratcheting up tariffs against China.
The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities.
The U.S. Department of Commerce’s Bureau of Industry and Security added 80 organizations to an “entity list,” with more than 50 from China,...