The Trump administration on Tuesday introduced a new round of export controls in an effort to further stifle China’s access to U.S. technology.
The Bureau of Industry and Security (BIS) announced that it was adding 80 companies — dozens of which are Chinese — to a trade blacklist, citing national security concerns. The move aims to restrict the Chinese Communist Party’s (CCP) ability to acquire and develop ultra fast, or “exascale” supercomputers as well as quantum technologies to be used in military applications.
The BIS is also aiming to hinder China’s ability to develop hypersonic weapons, according to the statement.
“American technology should never be used against the American people,” Under Secretary of Commerce for Industry and Security Jeffrey Kessler said in a statement shared with the Daily Caller News Foundation. “BIS is sending a clear,…
