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Investing.com-- The Trump administration is weighing to add several Chinese semiconductor firms to a U.S. export blacklist, though some officials are pushing to delay the move to avoid disrupting ongoing trade negotiations with Beijing, the Financial Times reported on Thursday, citing people familiar with the matter.
According to the FT report, the U.S. Commerce Department has drafted plans to add ChangXin Memory Technologies (CXMT) and subsidiaries of Semiconductor Manufacturing International Corp (HK:0981) (SMIC) and Yangtze Memory Technologies Co (YMTC) to the "entity list".
SMIC and YMTC are already on the list, but the move would expand restrictions on Chinese access to advanced U.S. chip technology.
Officials are reportedly divided, with some warning that immediate action could jeopardize a 90-day tariff truce reached in Geneva last weekend aimed at facilitating a broader trade agreement, the FT reported.
U.S. security officials argued that it has been too easy for China to acquire sensitive technology with military applications, and tougher controls were needed, the report said.