US President Donald Trump alongside his administration had been putting ices on the cakes over a string of rules aimed at narrowing down exports of a slew of sophisticated US-borne technologies to rivals likes of China, a confidential Washington document seen by a press agency reporter had unveiled on Tuesday, the 17th of December 2019, suggesting a solid leverage for the United States in its trade spats over multiple fronts, but added to investors’ worries that the decision could meet with a much-stiffer crackdown on US-based techs’ sales on abroad.
Aside from that, the Washington document seen by a press agency reporter had also revealed the US Commerce Department had been setting the seals on at least five legislations targeted at curbing out exports of sensitive US technologies such as 3-D printing technology and quantum computing.
Besides, the new US legislation to put a ban on sensitive US technologies followed an industry survey conducted by the US Commerce Ministry last year which in effect had ratcheted up heats among US businesses over concerns that the regulations would downsize the number of their key customers by more than 50 per cent.
Meanwhile, adding a new regulation that Trump Administration sought to incline to limit exports of sensitive US tech products to some particular nations would likely to fuel up industry concerns, a former assistant secretary of Commerce for export administration, Kevin Wolf said on Tuesday (December 17th), “Based on their titles, the rules appear to be narrowly tailored to address specific national security issues, which should go a long way to calming the nerves of those in industry concerned that the administration would impose controls over broad categories of widely available technologies,” nonetheless, the US Commerce Department had declined to make any comment over the issue while being asked.
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