Biden Administration Considering EOs Restricting Tech Investment, Sales to China, Report Says
The Biden administration is considering a set of executive orders to restrict investment and sales involving advanced technologies in China, according to a Sept. 2 post on Medium from Semafor technology reporter Reed Albergotti. Citing people with knowledge of the…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
plans, Albergotti said one order would “narrow” the types of technology that “can be sold to Chinese customers.” The other executive order, for which plans are still up in the air, would involve either a notification scheme for investments in certain technologies including semiconductors, artificial intelligence and quantum computing, or a mechanism for the U.S. government to block such investments, similar to the Committee on Foreign Investment in the U.S., or both, Albergotti said. President Joe Biden is expected to sign the executive order on investment as early as September, the post said. The White House did not comment.