Xiaomi sues the United States government in order to reverse its blockade

A few weeks ago the news of the blockade of Xiaomi by the United States government went viral on the networks. Foreshadowing an uncertain future, now it has been Xiaomi itself who has sued the United States in order to reverse its presence on the investment blacklist.

This lawsuit has been filed before the District of Columbia court and in it, Xiaomi assures that it is not owned or controlled, in any way, by the Chinese government or its army , this being the main reason why it was included in said blacklist.

" Xiaomi faces imminent, serious and irreparable damage if the decision remains in force and the restrictions come into force, " the company has assured, as reported by the US agency Bloomberg, which has had access to the text of the lawsuit.

Xiaomi's lawsuit will encourage other companies to take legal action

With this, Xiaomi will seek to try to reverse its inclusion in the investment blacklist , a blockade by the United States government that prevents any American, be it a person or company, from investing in Xiaomi.

Xiaomi demanda al gobierno de los Estados Unidos a fin de revertir su bloqueo. Noticias Xiaomi A

Xiaomi makes it clear that it will not be left with crossed arms.

Without going any further, BlackRock Inc. , V anguard Group Inc. and State Street Corp. are some of the main investors that have shares in Xiaomi and that have been forced to sell each of them

Of course, this first lawsuit, according to experts, will encourage other companies to take legal action against the sanctions imposed from Washington, even more so that Trump's stage in power has already ended.

YOU MAY BE INTERESTED: What will happen to Xiaomi? Will it follow in the footsteps of Huawei? We clear doubts

We will only have to wait and see if this demand finally has an effect and if the new government, led by Joe Biden, takes action on it by reversing the blockade imposed on Xiaomi . At the moment, the data we have reaches this far.

Via | EuropaPress

The entry Xiaomi sues the United States government in order to reverse its blockade was first published on xiaomist: Xiaomi news and news website .

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