Finance

US Commerce Department Drops Plan to Impose Restrictions on Chinese-Made Drones

MR
Maya Rodriguez
Financial Analyst
US Commerce Department drops plan to impose restrictions on Chinese-made drones
Image source: Investing.com

The US Commerce Department has dropped its plan to impose restrictions on Chinese-made drones, according to a report by Investing.com [5]. The decision comes after the department had announced plans to restrict the sale of Chinese-made drones due to national security concerns.

The move is seen as a significant development in the ongoing trade tensions between the US and China. The US has been cracking down on Chinese technology companies, citing national security concerns.

The US Commerce Department's decision to drop the plan to impose restrictions on Chinese-made drones is a welcome move for Chinese technology companies. The decision is expected to boost the sales of Chinese-made drones in the US market.

The US Commerce Department's decision to drop the plan to impose restrictions on Chinese-made drones is a significant development in the ongoing trade tensions between the US and China. The move is expected to have a positive impact on the sales of Chinese-made drones in the US market.

Sources

[1] Under court order, Trump administration agrees to fund beleaguered consumer financial watchdog
[2] Iran shuts off internet as protests blaze across country
[3] US Supreme Court to hear suit claiming Cisco helped China pursue Falun Gong
[4] Intel's stock soars anew – but some say the recent momentum doesn’t quite make sense
[5] US Commerce Department drops plan to impose restrictions on Chinese-made drones