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US Preps China Chip Curbs That Stop Short of Early Proposals [Yahoo! Finance Canada]
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Most Read from Bloomberg The restrictions could be unveiled as soon as next week, said the people, who emphasized that the timing and contours of the rules have changed several times, and that nothing is final until they're published. The measures follow months of deliberations by US officials, negotiations with allies in Japan and the Netherlands, and intense lobbying by American chip equipment makers who've warned that tougher measures would bring catastrophic harm to their business. The latest proposal has key differences from earlier drafts, the people said. The first is which Chinese companies the US would add to a trade restriction list. The US had previously considered sanctioning six suppliers to Huawei Technologies Co. — the telecom giant at the center of China's tech industry — and officials are aware of at least a half dozen more, the people said. But they now plan to add only some of those Huawei suppliers to the entity list, with the notable omission of ChangXin Memo
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- US Preps China Chip Curbs That Stop Short of Early Proposals [Yahoo! Finance Canada][Yahoo! Finance Canada]
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