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 despatched a letter to Commerce Secretary Wilbur Ross urging to impose harder restrictions on China’s largest chipmaker SMIC in order to disclaim it entry to semiconductor manufacturing tools from any location on the planet.

Rubio and McCaul argued within the letter that the Entity List designation was not strict sufficient and ought to be rewritten in order to shut “dangerous loopholes.”

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

The Commerce Department mentioned in an announcement that it has added greater than 60 firms, together with SMIC, to the “entity list,” which requires US applied sciences firms to use for particular licenses when coping with firms on the listing. The “entity list” presently covers about 700 firms, 296 of that are Chinese.

Sourse: sputniknews.com

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