Scott Bessent blames the Commerce Department for the failure to blacklist Megaspeed.
Scott Bessent stated that the Treasury, War, USTR, and State departments favored listing Megaspeed. The Singapore tech company has been accused of illegally diverting U.S. chips to China.
- Scott Bessent said Treasury, War, USTR, and State favored listing Megaspeed.
- Megaspeed, a Singapore tech company, has been accused of illegally diverting U.S. chips to China.
- Bessent stated Commerce has the authority to act.
Outlets: ANSA, Axios, Financial Times (China), Fortune, Free Malaysia Today, RFI 中文, Semafor, The Hill
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