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As Sino-U.S. Trade Tension Simmers, Should American Tech Firms In China Worry?

Yue Wang

With trade tensions escalating between the United States and China, fears are growing that American technology companies could be hit in the next round of tit for tat moves between the world's two biggest economies. After threatening to impose tariffs on $150 billion worth of imports from China to punish what it sees as unfair trade practices, the U.S. opened another front in this simmering battle by going after China’s rapidly developing tech sector. To cut off its access to U.S. technology, the U.S.Department of Commerce last week banned Chinese telecommunications giant ZTE from purchasing American products for seven years, citing violations of a sanction settlement reached last year.