Trump’s dissatisfaction with China is not new. Huawei is also unable to do business in the United States, accusing the Chinese government of leaking information. In this situation, the US administration has blacklisted nine more organizations for having links with the Chinese military. Among the nine companies is Shaomi, the world’s third-largest smartphone maker. U.S. investors will no longer be able to invest in these blacklisted companies. They have been banned from buying shares and securities of companies like Shaomi. Even all the old contracts have been ordered to be withdrawn by November 11, 2021.

Although the Trump administration has not yet provided any evidence as to how Shaomi or other companies are associated with the Chinese military. It goes without saying that this incident is sudden and quite unexpected for Shaomi. Because slowly Xiaomi was becoming a popular smartphone brand in the world.

On January 15, the US Department of Defense blacklisted nine companies, including Shaomi. Regarding the US ban, Shaomi Bangladesh authorities said that Shaomi respects the law and conducts business in accordance with all existing laws. Xiaomi wants to reiterate that their products and services are for general commercial use. Xiaomi wants to make sure that Xiaomi is not owned or controlled by the Chinese military or affiliated with them in any way; Nor are they the ‘military establishment of Communist China’ under the NDAA of the US government. In this case, Xiaomi will take appropriate steps to protect its interests and those of its shareholders. Xiaomi is reviewing the implications and consequences of the current situation. Shaomi will provide more details in the future if necessary in the light of the situation.

Shaomi’s blacklist in the Trump administration is different from Huawei’s ban. Because Xiaomi can still use technology from US companies without a license. Biden will be the new president of the United States from January 20. In that case, it remains to be seen whether he will accept this blacklist!