President Joe Biden’s administration has added 14 Chinese companies to an export precautions list, requiring U.S. exporters to more closely document their business transactions before shipping goods to the Chinese firms listed. The U.S. Department of Commerce added these Chinese firms to its Unverified List (UVL) on Thursday after commerce officials were unable to verify…
US Commerce Department Adds 14 Chinese Firms to Unverified List, Increasing Scrutiny
March 24, 2023
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