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US restricts robots, heightening China tensions
The U.S. Federal Communications Commission announced restrictions on the import of advanced robotic devices and Chinese-made power converters due to their potential risks to national security. This move heightens technological and trade tensions with China. The restrictions include a ban on externally manufactured components connected to these technologies, with affected companies able to submit exemption requests through the Departments of Defense and Homeland Security. China has rejected the use of national security concepts to pressure its companies, asserting that it will take measures to protect its interests. This decision comes ahead of an upcoming summit between U.S. President Donald Trump and Chinese President Xi Jinping. It has led to a decline in the shares of Chinese inverter manufacturing companies, while the stocks of U.S. companies reliant on local manufacturing have remained stable.
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