Latest Coverage
See all articles
via:
scmp.com
US, China should de-escalate from tit-for-tat actions, US lawmaker says
“These are unfortunate developments,” the Republican Senator from Montana said on Monday. Daines is a member of two of the most powerful committees in the US Senate: the Foreign Relations and Finance Committees.
“The escalation on both sides here is something I was hoping would not happen,” he added.
The regulations prohibit exporters from supplying dual-use goods to the 10 companies and ban any organisation or individual worldwide from transferring China-origin dual-use items to them, extending the restrictions beyond China’s borders.