Biden Administration Expands Trade Restrictions on 37 Chinese Entities over National Security Concerns

The Biden administration recently announced the addition of 37 Chinese entities to the Commerce Department’s trade restriction list, citing their actions as being detrimental to the nation’s security and foreign policy interests. This list, commonly referred to as the entity list, has been utilized by the Commerce Department to limit the transfer of technology to China, due to concerns about Beijing’s potential utilization of these advancements to strengthen its military capabilities. As a result of being placed on this list, American suppliers will face increased difficulties when attempting to provide goods to these targeted entities. (Reporting by Caitlin Webber; writing by Alexandra Alper)