US Commerce Dept firmly opposes Chinese bans that have no basis in fact

The context for this is the ban China has slapped on the Us firm:

• China bans Micron products, cites "significant security risks" to "national security"

The US Commerce Department responding now, say it vehemently rejects China's limitations on Micron

• says ban is unfounded in reality
• says that alongside recent raids on other US companies, run counter to China's claims that it is opening its markets
• will engage directly with China to resolve restrictions on Micron chip deliveries
• will also engage with key allies and partners to ensure we are closely coordinated to address distortions of the memory chip market caused by China’s actions

eur EUR The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value Read this Term