Thursday, June 13th 2024
US Government Sanctions Deepcool Over Supplying to Blacklisted Russian Firms
The US Department of the Treasury on Wednesday, sanctioned 16 Chinese tech companies involved in supporting the Russian wartime economy, or supplying goods to blacklisted Russian firms, as the war in Ukraine rages on. A surprising name on this list is Beijing Deepcool Industries, the company behind the popular PC cooling, casing, and power supply brand Deepcool. A US State Department release announcing the sanctions, described Deepcool as supplying $1 million worth common high-priority items list (CHPL) goods. These are items that could directly or indirectly support the Russian war-effort in Ukraine. "BEIJING DEEPCOOL INDUSTRIES CO LTD is a PRC-based company involved in the supply of over $1 million worth of CHPL items to Russian companies, including the U.S.-designated, Russia-based AKTSIONERNOE OBSHCHESTVO TASKOM and OOO NOVYI AI TI PROEKT," the State Department release says.
Meanwhile, the executive aspect of the sanctions are handled by the Treasury Department, which restricts all transactions by US firms to the 16 newly sanctioned Chinese companies, which include Deepcool. What this means is that the US-end of Deepcool must immediately cease operations, as it cannot transact any business with its parent company in China. Sale of Deepcool product will also stop, as US residents cannot conduct any business with the company. This could also mean that the US-based subsidiary of Deepcool may not be in a position to provide aftersales support to existing customers in the country.
Sources:
US State Department (Government website), US Treasury Department (Government website)
Meanwhile, the executive aspect of the sanctions are handled by the Treasury Department, which restricts all transactions by US firms to the 16 newly sanctioned Chinese companies, which include Deepcool. What this means is that the US-end of Deepcool must immediately cease operations, as it cannot transact any business with its parent company in China. Sale of Deepcool product will also stop, as US residents cannot conduct any business with the company. This could also mean that the US-based subsidiary of Deepcool may not be in a position to provide aftersales support to existing customers in the country.
55 Comments on US Government Sanctions Deepcool Over Supplying to Blacklisted Russian Firms
theconversation.com/henry-kissingers-bombing-campaign-likely-killed-hundreds-of-thousands-of-cambodians-and-set-path-for-the-ravages-of-the-khmer-rouge-209353
Why is this relevant now? Because it happened 50-60 years back, happened in the 80's then 90's then last decade & this decade as well.
I hope they are separated from the world economy for what they do at Bucha.
After watching the video of a Kalmyk castrate a Ukrainian prisoner I was shocked to find thousands of Russians commenting positively. I thought they were human but it seems they are goblins in human form.
Meh, I concede. Russia will fall, every dorty Ruskie will hopefully die of starvation and lack of PC parts, America teh best, whatever.
Joking. This isn’t me being bitter or anything, I like talking to you guys. It’s just you are putting me in a weird situation - I can assure you that what I said above, including looking at the companies mentioned using my contacts isn’t an “anecdotal” thing, nor do I know just “a handful” of Russians. I am just not about to lay all my cards on the table with citing my sources due to, you know, them BEING in Russia and all that entails. Whether you take me at my word here or not is immaterial to me, but I have to be purposefully a bit obtuse in this.
Let’s just move on from hereAaaaand that’s where the topic should be locked, methinks.
The article writers know and would lock immediately if they didn't care about engagement.
Ultimately the power to change their (the people's) current situation lies squarely in their hands.
They are at the mercy of a brutal dictator, and the only way they are going to be free of it is to rise up and do something.
Their freedoms are gone, their opposition leader has been jailed / killed off - they are literally on their own, and if they need a push to get there - so be it.
But they aren't being sanctioned because of their Lada mechanics. Companies doing business with Russian companies related to the war effort will be sanctioned regardless of your favorite fishing Russians.Look less videos? Why don't you make less videos.
Theories aside, I think the concept is to not ignore small fish in business, even less in a war.
I'm not a McNugget myself, so anyway...
All I hear is womp womp, give me my aio