Concerning national security, U.S. interests, and human rights, the U.S. Department of Commerce is adding 36 Chinese high-tech companies, including manufacturers of aviation equipment, chemicals, and computer chips, to an export controls blacklist.
When a U.S. company tries to do business with one of the companies on the trade “Entity List,” export licenses are likely to be rejected. In some circumstances, businesses with international operations must also adhere to the rules in order to prevent technologies from being used for purposes that are prohibited by export controls.
Also Read: Building a Healthy Security Culture in Today’s Hybrid Work Environment
The United States restricted the use of some China-made video surveillance systems, including Hangzhou Hikvision, late last month and banned the sale of communications equipment produced by Huawei and ZTE, citing a “unacceptable risk” to national security.
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