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U.S. 'won't tolerate' China's ban on Micron chips, Raimondo says

May 27, 2023
Source: investing.com investing.com
News Snapshot:
Published May 27, 2023 01:40PM ET Updated May 27, 2023 01:45PM ET © Reuters. FILE PHOTO: The company logo is seen on the Micron Technology Inc. offices in Shanghai, China May 25, 2023. REUTERS/Aly Song MU +6.21% Add to/Remove from Watchlist DETROIT (Reuters) - The United States "won't tolerate" China's effective ban on purchases of Micron Technology (NASDAQ: ) memory chips and is working closely with allies to address such "economic coercion," U.S. Commerce Secretary Gina Raimondo said on Saturday. Raimondo told a news conference after a meeting of trade ministers in the U.S.-led Indo-Pacific Economic Framework talks that the...
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