If Chinese tech companies violate American sanctions and continue exporting semiconductors to Russia and Belarus, Washington may retaliate by cutting them off from critical supplies, US Commerce Secretary Gina Raimondo warned on Tuesday in an interview with the New York Times.

Major chip producers that join sanctions likely to face crucial parts shortage themselves The ban on technology exports to Russia, in response to the war in Ukraine, could backfire on global manufacturers of computer processors and semiconductors, as many crucial components for their production are made exclusively in Russia, an industry expert has warned.

One of the world’s largest tobacco manufacturers, Philip Morris International (PMI), said on Wednesday it was reducing production volumes and suspending planned investments in Russia amid ongoing supply chain disruptions and a changing regulatory framework.