New U.S. restrictions on tech sales to China coming
The New York Times reportsย (porous paywall) that the Trump administration is considering a raft of news measures that would limit the transfer of U.S. technology to China.
These technologies could include an aircraft engineย produced in part by General Electric, further limits on Huawei, and restrictions on Chinaโs ability to use American chip-making equipment, per CNBC.
โTop Trump administration officials will discussย whether to prevent the sale at a cabinet meeting on February 28,โ according to NYT sources. Some U.S. industry players will no doubt lobby against the proposed rules. The New York Times notes:
Firms that specialize in microchips, artificial intelligence, biotechnology and other industries have grown increasingly alarmed by the administrationโs efforts to restrict the flow of technology to China, saying it could siphon expertise, research and revenue away from the United States, ultimately eroding Americaโs advantageโฆ
โAlex Smith