The US government's decision to add 33 Chinese technology companies and institutions to its "Entity List" will hurt the interests of the suppliers in the United States and impede international technology cooperation, especially with the novel coronavirus pandemic triggering a global economic downturn, experts said.
The US is facing an aging population and a shrinking workforce generating less money to support the country's main publicly funded retirement program, Social Security.
The US government put Huawei on its Entity List in May 2019 and said US firms were required to obtain a license before exporting domestically produced chips and software to the company. In May of this year, Washington expanded these rules by requiring contract chip producers anywhere in the world that use US semiconductor equipment and technology to obtain its approval before producing chips designed by Huawei's subsidiary HiSilicon.
The US apple industry achieved full access to the Chinese market in 2015, it said, adding that since then, apple exports have grown to 2.5 million boxes per year and China is the apple industry's sixth largest export market.
The United States began eliminating Hong Kong's special trade status under the US law, halting defense exports and restricting the city's access to high technology products.
The US military said it had shifted about 300 service members from Texas and Arizona to California in recent days.
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The US-led coalition said the location was close to where another "pro-regime" drone, which intelligence sources had also identified as Iranian, was shot down on June 8 after dropping bombs near coalition forces.
The USGS warned that more violent eruptions at the crater could begin in mid-May, shooting rocks weighing several tons for over half a kilometer, hurling pebble-sized projectiles several kilometers and dusting areas up 32 km away with ash.
The U.S. Postal Service reported revenues of .6 billion in fiscal 2017, down .8 billion, due largely to decreases in first-class and marketing mail. USPS said package volumes were actually up 11.4 percent for the year, making Amazon shipments a rare area of growth for the USPS.
The United Arab Emirates and the United Nations Industrial Development Organization are the two co-hosts of this year's fair.