Donald Trump and his administration, which had beforehand focused manufacturers reminiscent of Huawei and TikTok due to the commerce wars between the USA and China, had additionally blacklisted Xiaomi and another firms earlier than leaving workplace.
XiaomiUpon being blacklisted by the United States, US Division of Protection’Paperwork submitted in the lawsuit filed in opposition to the firm in Washington District Court docket revealed the causes for the firm’s inclusion on the record.
RECEIVING AN AWARD FROM THE GOVERNMENT OF CHINA ERRORED THE USA
In 2019, the Ministry of Trade and Data Know-how of China, Xiaomi’s founder and CEO awarded Lei Jun “for his companies to the Chinese language state”.
US Division of Protection’of In the paperwork submitted to the court docket, the award was cited as one of the causes for Xiaomi’s blacklisting. In accordance to the USA, this award paperwork the bond between the Chinese language authorities and Xiaomi.
On January 14, the US Division of Protection added 9 firms, together with Xiaomi, one of China’s largest smartphone producers, to the record of “navy associated firms”.
With this definition, whereas US residents are prevented from investing in the firms on the record, Xiaomi He had filed a lawsuit from the US Division of Protection to be faraway from the record.
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