The U.S. is considering expanding the list of Chinese companies on a blacklist for U.S. suppliers amid escalating tensions between the two economic powers, according to a person familiar with the matter.
The Commerce Department is reviewing whether other Chinese firms should join Huawei Technologies Co. on its so-called entity list, this person said. Once a firm is added to that list, U.S. companies are restricted from doing business with it without obtaining a license — a sanction that can shut out foreign firms from doing business with U.S. suppliers.
No decision has been made and officials may decide not to move forward with further additions to the list, this person said.
Members of Congress have already urged the Trump administration to consider sanctions on two Chinese companies: Hangzhou Hikvision Digital Technology 002415, -5.54% and Dahua Technology Co. 002236, -5.91% . Both firms make video surveillance equipment. Sen. Marco Rubio, R-Fla., and others have written to administration officials twice in recent months accusing those firms of profiting from the expansion of government surveillance in China, particularly to target Uighur Muslims.
An expanded version of this report appears on WSJ.com.
Also popular on WSJ.com:
Reddit co-founded Alex Ohanian warns always-on work culture creating ‘broken’ people.
Qualcomm’s practices violate antitrust law, judge rules.
Want news about Asia delivered to your inbox? Subscribe to MarketWatch’s free Asia Daily newsletter. Sign up here.
Add Comment