US President Joe Biden’s administration could unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in an e-mail on Thursday last week.
The new regulations could add up to 200 Chinese chip companies to a trade restriction list that bars most US suppliers from shipping goods to the targeted firms, the e-mail from the powerful Washington-based lobbying group said, according to an excerpt seen by Reuters on Friday.
The US Department of Commerce, which oversees US export policy, plans to publish the new regulations “prior to the Thanksgiving break” on Thursday, according to the e-mail.
Photo: REUTERS
The US Chamber of Commerce did not respond to a request for comment.
The commerce department declined to comment.
The update, if accurate, shows the Biden administration is plowing ahead with plans to further crack down on China’s access to semiconductors even as the start of US president-elect Donald Trump’s second term in January approaches.
Another set of rules curbing shipments of high-bandwidth memory chips to China is expected to be unveiled next month as part of a broader artificial intelligence package, the e-mail said.
Biden has slapped a raft of export controls on China aimed at halting its technological advances, amid fears the technology could be used to bolster China’s military.
Sources briefed on the matter said the first round of regulations would likely include restrictions on chipmaking tool shipments to China.
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