Taiwan has added China's Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade policy and comes amid tensions with Beijing.

This designation means that any Taiwanese company wishing to export goods to Huawei or SMIC must now obtain a special permit. The controls are designed to

Taiwan has blacklisted Huawei Technologies Co. and Semiconductor Manufacturing International Corp., dealing another major blow to the two companies spearheading China’s efforts to develop cutting-edge AI chip technologies.