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#AceNewsDesk – The Trump administration is considering whether to add China’s top chipmaker SMIC to a trade blacklist, a Defense Department official said, as the United States escalates its crackdown on Chine se companies.


WASHINGTON (Reuters) – A Pentagon spokeswoman said the Defense Department was working with other agencies to determine whether to make the move against Semiconductor Manufacturing International Corporation (0981.HK), which would force U.S. suppliers to seek a difficult-to-obtain license before shipping to the company………………………..”SMIC said in a statement on Saturday it was “in complete shock” over the news but was open to communication with U.S. government agencies in hopes of resolving any misunderstandings. The Chinese Embassy in Washington did not respond to requests for comment.”

Published: Sept.06: 2020: https://t.co/dB5pAWafs5

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By Ace Worldwide News Group

After 30 years of providing my services in Warwickshire in the United Kingdom. I am in the process of building a network of news sites in finance,business, property, social and healthcare under the name of "Ace News Group" together with providing goods and services through our sales and marketing news. I also have an organisation and fully fledged management consultancy agency. This provides contracts to enable people to provide their news, goods and services.

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