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U.S. to look at more restrictions on tech exports to China

TechnologyFeb 10, 2021 09:55PM ET
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© Reuters. FILE PHOTO: Chinese and U.S. flags flutter near The Bund in Shanghai

WASHINGTON (Reuters) - The Biden administration will look at adding "new targeted restrictions" on certain sensitive technology exports to China in cooperation with allies, a senior official said on Wednesday ahead of the new president's first call with China's leader Xi Jinping.

The U.S. will also not move to lift Chinese trade tariffs imposed by the Trump administration before it has conducted "intense consultation and review" with allies, the official told reporters during a briefing.

"We are maintaining those tariffs while we conduct our review because we're not going to act precipitously," he said.

"President Biden's major criticism of the Trump strategy here was not that he wasn't getting tough on China on trade, but that he was doing so alone, while also fighting our allies."

The official said no decisions had been made yet on whether to lift the tariffs and that there would be areas of "continuity" with Trump's policies.

"One of them is to ensure that we are not supplying highly sensitive technology that can advance China's military capabilities. We will be bearing down on that," he said, adding the administration would look at new targeted restrictions on technology exports to China in consultation with U.S. allies.

The official said Biden aimed to quickly work with Republicans to boost public investment in technology sectors crucial to the United States' economic edge, including semiconductors, biotechnology and artificial intelligence.

On the phone call with Xi, Biden "underscored his fundamental concerns about Beijing’s coercive and unfair economic practices, crackdown in Hong Kong, human rights abuses in Xinjiang, and increasingly assertive actions in the region, including toward Taiwan," the White House said in a statement.

U.S. to look at more restrictions on tech exports to China
 

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Comments (3)
Steve Lora
Steve Lora Feb 10, 2021 11:54PM ET
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Reuters loves communist China
Silence Dogood
Silence Dogood Feb 10, 2021 10:08PM ET
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Disgusting picture Reuters - GO back to Canada and stay there!
Kaveh Sun
Kaveh Sun Feb 10, 2021 9:39PM ET
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It will stay, the key here is rate. Another thing is Dems were crying ‘americans pay for tarrifs’. Hear any cry now?
 
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