Trump Admin Reportedly Chokes China’s Access To Nuclear Energy Equipment
The Trump administration has reportedly suspended licenses for U.S. nuclear equipment suppliers to sell to China as trade tensions escalate between the two largest economies in the world, Reuters reported Friday.
The U.S. Department of Commerce reportedly halted licenses for exports to China this week for parts and equipment used to build nuclear power plants, according to Reuters, which cited four anonymous sources familiar with the situation. The reported move follows previous U.S. export restrictions targeting China’s access to key goods — including machine tools, chip design software, butane and aviation equipment — as trade frictions have intensified between Beijing and Washington.
On May 12, the White House announced that the deal had been reached with China to reduce tariffs imposed by both countries for a period of 90 days while a more permanent deal was negotiated. However, the deal quickly unraveled, with both sides accusing the other of violating its terms.
“I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual. Everybody was happy! That is the good news!!!” President Donald Trump posted to Truth Social on May 30. “The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!”
The Commerce Department told Reuters in late May that it is reviewing exports of strategically significant items to China, stating that “Commerce has suspended existing export licenses or imposed additional license requirements while the review is pending” in some cases. (Read more from “Trump Admin Reportedly Chokes China’s Access To Nuclear Energy Equipment” HERE)

