Export Controls Complement Tech Industrial Policy: Van Hollen
Sens. Chris Van Hollen, D-Md., and Roy Blunt, R-Mo., are promoting their bill to guide government investments in advanced manufacturing or industrial research. Their new National Strategy to Ensure American Leadership Act would ask the National Academies to identify which…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
technologies will be the critical ones in five to 10 years. Van Hollen discussed with reporters Monday U.S. export restrictions to hinder Huawei, which is a 5G infrastructure leader, while the U.S. doesn't make much 5G equipment. “Everything we can do to prevent the existing cutting-edge technologies being used by Chinese military or others” should be done, and for Huawei and ZTE, the U.S. is also justified because they stole U.S. companies' designs years ago, Van Hollen said. Blunt asked, “Why weren't we ahead of Huawei, competing at the same time that they were?” Of technologies that will be as important in 10 years as 5G is currently, he said, “How do we prevent from this happening again?”