Two US Lawmakers Urge Tougher Trade Restrictions on China’s Chipmaker SMIC, Letter Says

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Two US Lawmakers Urge Tougher Trade Restrictions on China’s Chipmaker SMIC, Letter Says

WASHINGTON (Sputnik) – US Senator Marco Rubio and Congressman Michael McCaul on Tuesday sent a letter to Commerce Secretary Wilbur Ross urging to impose tougher restrictions on China’s biggest chipmaker SMIC so as to deny it access to semiconductor manufacturing equipment from any location in the world.

Rubio and McCaul argued in the letter that the Entity List designation was not strict enough and should be rewritten so as to close “dangerous loopholes.”

In addition, Rubio and McCaul urged the Commerce Department to expand the Foreign-Produced Direct Product Rule for SMIC to cover “any semiconductor manufacturing equipment that is built with or incorporates any US-origin technology.”

The Commerce Department said in a statement that it has added more than 60 companies, including SMIC, to the “entity list,” which requires US technologies companies to apply for special licenses when dealing with companies on the list. The “entity list” currently covers about 700 companies, 296 of which are Chinese.

Sourse: sputniknews.com

Two US Lawmakers Urge Tougher Trade Restrictions on China’s Chipmaker SMIC, Letter Says

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