Forwarders respond to export controls on semiconductors
BIS controls restrict export of chips to China
Global trade could be affected by restrictions on U.S. exports of semiconductors to China coupled with slowing demand and rising costs, but freight forwarders predict the immediate impact will be minimal. The export controls, issued Oct. 7 by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), restrict export of chips to China […]
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