Commerce Secretary Gina Raimondo mulls China visit amidst tech trade war tensions.
Commerce Secretary Gina Raimondo Considering Trip to China Amid Escalating Technology War
According to unidentified sources, Commerce Secretary Gina Raimondo is contemplating a visit to China during the week of Aug. 21. While the dates are not yet finalized and subject to change, Raimondo’s potential trip raises questions about what she could achieve for U.S. businesses. She is understandably hesitant to embark on the journey without assurance of a positive outcome.
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The backdrop for Raimondo’s potential trip is the Commerce Department’s management and regulation of semiconductor sales to China. If she does decide to go, Raimondo would be the fourth Biden administration official to visit China since June.
The Commerce Department has declined to comment on the matter. Raimondo mentioned at a recent event that she intends to travel to China “later this summer,” but is still in the process of finalizing the date and plans.
The ongoing technology war between the U.S. and China has been centered around semiconductors and the essential components for advanced military technology. Raimondo’s involvement in advocating for restrictions on Chinese access has been highlighted in emails leaked by Chinese hackers in July.
The U.S. has been actively reducing its chip exports to China while simultaneously working on enhancing domestic chip production capabilities. In October 2022, the Commerce Department implemented rules that placed numerous Chinese companies on an “unverified” list, limiting their ability to purchase semiconductors or advanced technology without a license.
In early July, China imposed restrictions on gallium and germanium, two metals crucial for the production of high-level chips, citing national security concerns. Additionally, the country banned the use of chips from U.S. chip maker Micron in May.
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