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)
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55 Comments on US Government Sanctions Deepcool Over Supplying to Blacklisted Russian Firms

#51
AnotherReader
Double-ClickWay to propagate subservience. Authoritarianism is intrinsically harsh, and that includes resisting it.
I'm just pointing out that most people would not choose to resist. Which authoritarian regimes have you overthrown as an ordinary citizen?
Posted on Reply
#52
Unregistered
AnotherReaderI'm just pointing out that most people would not choose to resist. Which authoritarian regimes have you overthrown as an ordinary citizen?
We are discussing ideology, you sir, just pivoted, and that doesn't make the truth of the matter any less relevant.
Personally, if it comes down to it I will kick, scream, fight and DIE if necessary to protect my family's rights and future.
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#53
the54thvoid
Super Intoxicated Moderator
Caring1Can we please lock this now political thread.
Yes.
Posted on Reply
#54
AnotherReader
Double-ClickWe are discussing ideology, you sir, just pivoted, and that doesn't make the truth of the matter any less relevant.
Personally, if it comes down to it I will kick, scream, fight and DIE if necessary to protect my family's rights and future.
I didn't pivot. I only clarified my original position. I'm sure most of us would fight for our loved one's rights, but the question is would you fight for the rights of foreigners being oppressed by your country? The answer is clear from the apathy of most westerners' to the crimes of their own armed forces and allies. If you don't protest those, how can you expect ordinary Russians who live in a far more dangerous situation than you to do that?
Posted on Reply
#55
Vayra86
Double-ClickWe are discussing ideology, you sir, just pivoted, and that doesn't make the truth of the matter any less relevant.
Personally, if it comes down to it I will kick, scream, fight and DIE if necessary to protect my family's rights and future.
Except that's not how this goes, or works. You are slowly pushed into a situation. Like the slowly warming pot of water. You're the frog.
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