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White House’s Plan For Advanced Semiconductor Regulations Starts To Emerge [Forbes]
Last nvidia corporation earnings: 2/13 04:20 pm
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technologies to China, so far this has not proven to be the case, as the White House has instead prioritized avoiding antagonizing Beijing in the hopes of striking a trade deal. With this goal, export controls have been used as a means to increase leverage during the Trump administration's trade negotiations, but have since been rolled back as tensions have reduced. Furthermore, the White House has now directed the Commerce Department's Bureau of Industry and Security to avoid “tough moves on China,” according to the Financial Times This approach from the White House to handling export controls targeting China has led to China hawks raising concerns about whether this strategy sufficiently protects U.S. national security interests. The counterargument from Trump administration officials has been that the U.S. is better positioned if China is reliant on American technology than being cut off from it, especially if the most advanced goods are still protected. Commerce Secretary Howard
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