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Although Huawei and SMIC were included on the U.S. trade blacklist, they still obtained U.S. technology and goods export licenses worth billions of dollars from November last year to April this year.
According to a Reuters report, a group of 14 Republican lawmakers in the United States House of Representatives on August 6 called for adding the former Huawei smartphone unit Honor to the government's official economic blacklist.
Following SenseTime's recent ban, the U.S. Treasury Department placed eight more Chinese companies, including DJI, a drone maker, on an investment blacklist.