US Formally Delays Affiliates Rule for One Year in US-China Pact
The Trump administration has formally delayed the implementation of an export control rule, known as the "affiliates rule," for one year as part of the latest US-China trade truce. The rule was designed to restrict shipments to companies that are majority-owned by entities blacklisted by the US government. This delay is seen as a concession made by the US to China, as it allows Chinese companies with US-blacklisted parent firms to continue receiving American-made goods and technology. The move is part of the ongoing efforts to resolve trade tensions between the two countries and avoid further escalation of the conflict. The delay provides more time for both sides to negotiate and find a mutually acceptable solution to the issue of export controls and technology transfers.
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