The United States wants to impose restrictions on the export of chips, lasers, sensors and other innovating technology. By doing so, it wants to prevent the technology from falling into the hands of China. The U.S. Commerce Department would certainly like to see measures put in place for this as far as the export is concerned.
The department asks for help to define new technologies that should be less public and easier to access. The government has not always done that. For example, it made a big dent in people’s trust in Huawei after it banned the Chinese company and U.S. companies were not allowed to do business with them. Now it wants to create something like that for chips and related products for all Chinese companies.
Is it about security?
According to Trump, restrictions are necessary to ensure the safety of the United States. He has not only focused on China: Russia and Venezuela are also countries he has on his blacklist. He does not want things like quantum computing and 3D printing technology to fall into the hands of potential enemies.
That is why the plan has now been presented to the public, who will then have sixty days to form an opinion on it and submit it to the government. It is likely that companies will respond to it in particular, because the technology is after all being developed by companies. On the other hand, large companies are more often opposed to plans from the United States. At the moment, Apple and Disney, for example, are not very enthusiastic about the plans to ban WeChat from the American network.
It seems to be a topic that the people at Intel have to take a look at, for example. Intel is one of the largest companies that manufacturers chips. If there is an export ban on the products from Intel then it could be a disaster for the company. Things are not going very well at Intel, especially now that new chips have been delayed in production.