Reported 7 months ago
The US government is set to announce broader sanctions on the sale of semiconductor chips and other items to Russia, aiming to focus on third-party sellers in China to prevent Russia from acquiring goods for its war campaign in Ukraine. The Biden administration is widening export controls to include U.S.-branded products, identifying certain Hong Kong entities facilitating shipments to Moscow. The move is part of efforts against Russia's evasion of Western sanctions, with new sanctions and export controls to be revealed before President Biden's participation at a G7 summit in Italy. Concerns also arise regarding China's trade support to Russia, allowing Moscow to enhance its military capabilities through imports from China and other countries.
Source: YAHOO