Raimondo says it's in China's 'interest to be less antagonistic to US business'

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 94%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Commerce Secretary Gina Raimondo hinted that China's own self-interest ought to inform a better relationship with the United States.

Raimondo appeared on MSNBC's Meet the Press on Sunday to detail the strategy behind encouraging China"to be less antagonistic" toward U.S. business. However, she expressed some hope that Chinese officials would see the facts and understand they would benefit as well.

The commerce secretary referenced President Joe Biden's executive order to rein in investments into Chinese development of military-grade semiconductors, including not selling the most sophisticated American-made chips to China. "We are not going to, currently on my watch, we are not going to sell the most sophisticated American chip to China that they want for their military capacity," Raimondo said."Well, we are trying to choke their military capacity, so if they feel that, that means the strategy is working."

Additionally, she promised the U.S. wouldn't do business with any company that would sell the chips to China. Biden's order already requires U.S. investors to disclose any previous transactions they may have had with Chinese businesses involved in the three industries.Despite Raimondo's insistence, Republicans have criticized its effectiveness. House Foreign Affairs Committee Chairman Michael McCaul alleged that the executive order is too narrowly focused. Sen.

The White House already blocked the sale of some of Nvidia's highest-grade microchips in the Middle East due to worries that they would get to China.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 6. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Commerce Secretary Gina Raimondo says business leaders are 'very worried' about a government shutdownThe White House has asked Congress to pass a short-term spending bill to avoid a partial shutdown on Oct. 1.
Источник: CBSNews - 🏆 87. / 68 Прочитайте больше »

Commerce Secretary Gina Raimondo says business leaders are “very worried” about a government shutdownCommerce Secretary Gina Raimondo tells 'Face the Nation' that American business leaders are 'very worried' about a partial government shutdown if Congress doesn't come to a deal to avoid a partial government shutdown.
Источник: CBSNews - 🏆 87. / 68 Прочитайте больше »