Home / Market Update / Commodities / America Adds Chinese Entities to The List of Exports That Require Additional Procedures

America Adds Chinese Entities to The List of Exports That Require Additional Procedures

The US Commerce Department said it has added 33 Chinese entities to what it calls a list of unverified exports that requires US exports to go through additional procedures before goods are shipped to those entities.

On Monday, the department said it was taking the step because it was unable to verify the legality and reliability of these companies for their use of US exports. The list included listed companies and universities, as well as suppliers to the aviation and electronics sectors.

Check Also

Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action

The Japanese Yen came under renewed selling pressure at the start of the week, pushing …