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Donald Trump

Trump to add China's SMIC and CNOOC to defense blacklist – sources
World

Trump to add China's SMIC and CNOOC to defense blacklist – sources

Reuters reported earlier this month that the Department of Defense (DOD) was planning to designate four more Chinese companies as owned or controlled by the Chinese military, bringing the number of Chinese companies affected to 35. A recent executive order issued by President Donald Trump would prevent U.S. investors from buying securities of the listed firms starting late next year.
Updated 30 Nov, 2020 02:39pm
TikTok says it filed challenge to Trump's divestiture order
Technology

TikTok says it filed challenge to Trump's divestiture order

President Donald Trump in an Aug. 14 order directed ByteDance to divest the app within 90 days, which falls on Thursday. The Trump administration contends TikTok poses national security concerns as the personal data of U.S. users could be obtained by China’s government. TikTok, which has over 100 million U.S. users, denies the allegations.
Published 11 Nov, 2020 05:42pm