There's a company in Red China which is selling military-tech stuff to Iran. As a result, US firms are not allowed to purchase goods from the ChiCom company.
Except a bunch of US firms did so. And yes, the US firms were hoodwinked.
Textron/Greenlee Tool
Kohler Corp
American Forge & Foundry
Coastal Flange
All mentioned in the linked WSJ article.
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