US President Donald Trump has issued an executive order, instructing chip software suppliers in the United States to stop selling their products to China. This move is part of a broader effort by the administration to curb Chinese influence and intellectual property theft.
The order, which was announced earlier this week, aims to protect US national security interests by restricting the sale of sensitive technology to China. It follows a series of executive actions taken by Trump in recent months aimed at addressing trade imbalances with Beijing.
Industry insiders say that the move could have significant implications for global supply chains and trade relations between the US and China. While some companies may be willing to comply, others may face significant challenges in adapting to new regulations or finding alternative suppliers.
The executive order is just one part of a larger strategy to counter Chinese economic influence and promote American industry. As Trump’s second term gets underway, analysts are watching closely for further moves on trade, technology, and other fronts.
Source: https://www.ft.com/content/2c0db765-03ac-4820-8a02-806469848bee