12:36 PM EDT, 05/30/2025 (MT Newswires) -- The Trump administration is planning to widen its restrictions on China's tech sector by implementing regulations targeting subsidiaries of companies under US sanctions, Bloomberg reported Friday, citing people familiar with the matter.

US officials are drafting a rule that would impose US government licensing requirements on transactions with firms that are majority-owned by already-sanctioned companies, the people reportedly told Bloomberg.

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