Broader Sanctions Planned by US on Semiconductor Trade with Russia

Reuters reported that sources familiar with the matter revealed the US government's intention to announce expanded sanctions on Wednesday regarding the sale of semiconductor chips and other commodities to Russia. The move aims to target sellers based in China as the US seeks to thwart Russia's attempts to bypass existing restrictions. The extent of the sanctions concerning goods labeled as American or solely manufactured in the USA remains unclear, prompting discussions about potential adjustments needed to broaden the definition of US-originated products.