Restricted Trade in United States
Restricted Trade in the History of U.S. Economic Sanctions Imposed against China
Note: the status of this economic sanction is: Superseded
Date of the sanction(s): EARLY 1949
Early in 1949, as the Chinese communists began what was to become their final civil war offensive, President Truman, using the authority of the newly enacted Export Control Act, began to impose selective controls on trade with China. By March 1950, exports to China were as strictly controlled as those to the Soviet Union and Eastern Europe. In the immediate aftermath of the outbreak of the Korean War, the controls were made even stricter [8].
Sanctions by Authority:
Export Control Act of 1949, 63 Stat. 7
Occasion(s) Detailed
See January 1, 1965, for new export administration regulations
Note: Based on the China: U.S. Economic Sanctions Report.
Resources
Notes and References
- 8 Eckstein, Alexander, ed. China Trade Prospects and U.S. Policy. Praeger, New York, 1971. p. 46.
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