Xiaomi has sued the US government over the investment ban that blocks Americans from investing in the Chinese tech company.
Xiaomi has sued the US government over the investment ban that blocks Americans from investing in the Chinese tech company. Earlier this month, ex-US President Donald Trump had placed the company on the Pentagon blacklist that bars Americans from investing in the company. Trump had alleged that Xiaomi has strong associations with the Chinese military. However, the allegations were later denied by the smartphone maker. Xiaomi had said that it is not a “Communist Chinese Military Company”. Now despite the fact that Trump is no longer the President of the United States, the investment ban continues. Challenging the ban, Xiaomi has sued the US government. It has now submitted an application to reverse the ban order. In their court filing, Xiaomi had stated that if the ban continues it will face “imminent, severe, and irreparable harm”.
