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Biden Adds 14 Chinese Firms to Trade Blacklist

1/16/2025

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Summary

Story summary

In a decisive move to safeguard national security, the Biden administration has placed 14 more Chinese companies, including Sophgo, on its trade restriction list, bringing the total to 25. Sophgo, associated with Huawei, has come under fire after TSMC ceased chip production for them, highlighting escalating tensions over advanced technology and AI.

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Story summary

In a decisive move to safeguard national security, the Biden administration has placed 14 more Chinese companies, including Sophgo, on its trade restriction list, bringing the total to 25. Sophgo, associated with Huawei, has come under fire after TSMC ceased chip production for them, highlighting escalating tensions over advanced technology and AI.