Washington warns chip manufacturers against exporting semiconductors to Russia
If Chinese tech companies violate American sanctions and continue exporting semiconductors to Russia and Belarus, Washington may retaliate by cutting them off from critical supplies, US Commerce Secretary Gina Raimondo warned on Tuesday in an interview with the New York Times.
In particular, she threatened the Semiconductor Manufacturing International Corporation (SMIC), Beijing’s partially state-owned major chip maker.
“They have their own self-interest to not supply this stuff to Russia. So they’re not doing it out of the goodness of their heart. It would be devastating to China’s ability to produce these chips,” Raimondo said
She warned any attempt from SMIC to override the US ban on trade with Russia will force Washington to restrict the company’s access to America’s most advanced software, which is essential for the manufacturer.
It is not the first time Raimondo has taken a harsh stance on China. During her confirmation hearings before Congress in January 2021, she also pledged to adopt a hard line in response to Beijing’s “unfair trade practices.” Earlier, the US Commerce Department under then President Donald Trump banned Chinese firm Huawei, as well as hundreds of other companies from importing American chips.
Earlier last week, Beijing made it clear that it was willing to preserve its trade relations with Moscow. “We will not join such unilateral sanctions, and we will continue to maintain normal trade, economic and financial ties with [Russia],” chairman of the Banking and Insurance Regulatory Committee Guo Shuqing declared.
The new round of sanctions against Russia was triggered by military attack on Ukraine, in late February. The measures target the country’s tech, financial, and energy sectors.
Russia and Belarus are now banned from importing high-tech products. Some banks have been cut off from SWIFT, the international financial transactions service. The United States and EU nations have also banned Russian flights from passing through their air space. At the same time, in protest at Moscow’s military offensive, many international companies have withdrawn from the Russian market.
RT (Russia Today) is a state-owned news organization funded by the Russian government. The information provided by this news source is being included by the Libertarian Hub not as an endorsement of the Russian government, but rather because it is being actively censored by Big Tech, Western governments and the corporate press. During times of conflict it is imperative that we have access to both sides of the story so we can form our own opinions, even if both sides are spewing their own propaganda. The censorship of RT, despite likely being a propaganda outfit for the Russian government, reduces our ability to hear one side of the conflict. For that reason, the Libertarian Hub will temporarily republish the RSS feed from RT. Visit https://rt.com
