U.S. to Blacklist Dozens of China Firms, Reuters Says

The transcript discusses the addition of Chinese companies, including SMIC, to a trade blacklist by the Trump administration. This move is seen as an attempt to solidify Trump's tough stance on China before leaving office. The impact on Chinese companies and potential further escalations are considered, along with the challenges this presents for the incoming Biden administration in terms of enforcement and interpretation of executive orders.

What impact could the trade blacklist have on Chinese companies, particularly SMIC?

What are the implications of the Trump administration's actions on US-China relations?