[ad_1] The Commerce Department has reportedly issued export restrictions that cut five major Chinese supercomputer developers off from US technology. According to the new rule, the firms have been “acting contrary to the national security or foreign policy interests of the United States.” The developers include Sugon of Beijing, three of its affiliates and Wuxi […]
Category: trade war
Tariffs are forcing Big Tech to move production out of China
[ad_1] Last month, the US increased import tariffs on certain Chinese goods from 10 percent to 25 percent. If the tariff hike goes through, items like motherboards, smartphones, video game consoles and computers could be subject to the 25 percent tax. At that rate, Nintendo might be forced to sell its consoles at a loss […]
