Trump admin adds dozens of Chinese tech firms to – Business News
The US on Tuesday added more than 50 Chinese entities to its export blacklist because it seeks to crack down on the nation’s artificial intelligence, quantum computing and navy developments.
In whole, the Department of Commerce’s Bureau of Industry and Security added 80 overseas entities to the record on the idea of national security considerations, together with firms from China, the United Arab Emirates, South Africa and Iran.
“Under the strong leadership of President Donald Trump, the Commerce Department is taking decisive action to protect America,” Commerce Secretary Howard Lutnick stated in a assertion.
The US added more than 50 Chinese entities to its export blacklist on Tuesday. REUTERS
“We will not allow adversaries to exploit American technology to bolster their own militaries and threaten American lives,” he added.
The blacklist additions purpose to prohibit the Chinese Communist Party’s potential to develop high-level quantum computing capabilities, and stifle its hypersonic weapons program, the US argued.
Included among the many additions are six subsidiaries of Inspur Group, China’s prime cloud computing and knowledge service supplier, which was blacklisted in 2023 by the Biden administration.
The Chinese Embassy in Washington denounced the additions, and demanded the US “immediately stop using military-related issues as pretexts to politicize, instrumentalize and weaponize trade and tech issues,” in accordance to Reuters.
In 2023, when Inspur was positioned on the Entity List, chip insiders stated their firms had been attempting to assess whether or not they had to stop supplying Inspur’s subsidiaries as nicely, in accordance to Reuters.
Inspur didn’t instantly reply to The Post’s request for remark.
Calls have grown for the Trump administration to stop the smuggling of superior chips from US firms like Nvidia and AMD. REUTERS
Tensions have heated up between China and the US within the race to develop superior quantum computing and AI systems.
Calls have grown for the Trump administration to stop the smuggling of superior chips from US firms like Nvidia and AMD — particularly after China’s DeepSeek shook the industry with its low-cost AI model. The startup has stated it used Nvidia chips to develop the bot.
Nvidia declined to remark. AMD didn’t instantly reply to a request for remark.
The blacklist additions are additionally an attempt to keep Iran from getting its fingers on more drones and protection gadgets, and disrupt development of its ballistic missile program, the US stated.
“The Entity List is one of many powerful tools at our disposal to identify and cut off foreign adversaries seeking to exploit American technology for malign purposes,” Jeffrey Kessler, undersecretary of commerce for industry and security, stated in a assertion.
