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US Suspends Licenses to Ship Nuclear Plant Parts to China, Sources Say
- The US Department of Commerce recently suspended export licenses for nuclear equipment suppliers selling to China's power plants in Washington.
- These suspensions occurred amid an escalating US-China trade war that shifted from tariff negotiations to restricting supply chains over the past two weeks.
- The restrictions also affect companies shipping ethane to China, including Houston-based Enterprise Product Partners whose emergency requests for 2.2 million barrels were denied by June 4.
- A spokesperson explained that during the ongoing review, the Commerce Department has, at times, halted current export licenses or added extra licensing conditions, impacting transactions valued at hundreds of millions of dollars.
- The suspensions reflect a deteriorated US-China relationship after a May 12 tariff truce and call on June 5 between President Trump and President Xi, with unclear impact on the export restrictions.
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US suspends nuclear equipment exports to China amid escalating trade war: Report
The US suspended licenses for nuclear equipment exports to China amid escalating trade tensions, affecting major suppliers and disrupting key industries including energy, aerospace, and advanced technology.
·India
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US suspends licenses to ship nuclear plant parts to China amid trade tensions
The United States has suspended licenses allowing companies to export nuclear power plant equipment to China. The move, taken by the US Department of Commerce, marks a sharp escalation in the ongoing trade and technology war between the two superpowers.
·Mumbai, India
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