U.S. to Impose Sweeping Rule Aimed at China Technology Threats
The Biden administration plans to allow a sweeping Trump-era rule aimed at combating Chinese technology threats.
The rule, initially proposed in November, enables the Commerce Department to ban technology-related business transactions that it determines pose a national security threat, part of an effort to secure U.S. supply chains. Companies in technology, telecommunications, finance and other industries say the rule could stifle innovation and hurt competitiveness, and had expected it to be delayed as the administration undertakes a broad review of U.S. policy on Chinese technology.
“Trustworthy information and communications technology and services are essential to our national and economic security and remain a top priority for the Biden/Harris administration,” a Commerce Department representative said
Source: WSJ #Feb26
https://www.wsj.com/articles/u-s-to-impose-sweeping-rule-aimed-at-china-technology-threats-11614362435
#USBan #ChinaTechnology #China
The Biden administration plans to allow a sweeping Trump-era rule aimed at combating Chinese technology threats.
The rule, initially proposed in November, enables the Commerce Department to ban technology-related business transactions that it determines pose a national security threat, part of an effort to secure U.S. supply chains. Companies in technology, telecommunications, finance and other industries say the rule could stifle innovation and hurt competitiveness, and had expected it to be delayed as the administration undertakes a broad review of U.S. policy on Chinese technology.
“Trustworthy information and communications technology and services are essential to our national and economic security and remain a top priority for the Biden/Harris administration,” a Commerce Department representative said
Source: WSJ #Feb26
https://www.wsj.com/articles/u-s-to-impose-sweeping-rule-aimed-at-china-technology-threats-11614362435
#USBan #ChinaTechnology #China
WSJ
U.S. to Impose Sweeping Rule Aimed at China Technology Threats
The rule enables the Commerce Department to ban technology-related business transactions that it determines pose a national security threat, part of an effort to secure U.S. supply chains.