US National Security Adviser Jake Sullivan said Friday he agreed with the executives that the approach needs to be a “small yard, high fence” — effective but limited. He defended the administration’s actions to date as just that, saying the measures were targeted and had virtually no impact on US-China trade for most chips.
“The vast majority of sales of chips designed by the United States to China has continued unabated,” he said at the Aspen Security Forum. “It continues to this day.”
He hinted that more curbs could follow but that they would only be implemented after robust discussion with the affected companies.
“We are going to continue to look at very targeted, very specific restrictions on technology with national security and military applications and make judgments rigorously, carefully, methodically — and, yes, in deep consultation with our private sector,” he said.
https://finance.yahoo.com/news/chip-ceos-urge-us-study-231800506.html
