The trade war between the United States (US) and China apparently does not stop when the president’s position has changed. President Joe Biden is preparing a new policy, namely a ban on the export of several US technology products to China.
However, it did not explain what technology products would be affected by this new policy. As did the specific regulations on the export ban.
What is clear, the US government will prohibit various technology products made by US companies that fall into the “sensitive” category from being used by China for various interests, especially the military.
“We need to make it clear that we are not going to supply highly sensitive technology that can advance China’s military capabilities,” an unnamed senior government official told Reuters.
It’s not clear what technology products may not be exported
It’s not clear what technology products are categorized as sensitive by Joe Biden.
Apart from the planned export ban policy, the US government also said that it had no plans to lift the import tax rate policy. That was brought forth by the previous US president, Donald Trump.
This is because the Biden government wants to review the policy intensively first, before it becomes an absolute decision.
“We are still setting these tax rates while reviewing this policy intensively. Because we do not want to be reckless in making decisions,” said the senior US official, quoted by KompasTekno from Reuters, Tuesday (16/2/2021).
In other words, the current atmosphere of the trade war between the US and China is still “hot”. More precisely like the conditions during the Trump administration, even though it was taken over by Biden.
It is not clear whether Biden will continue Trump’s policies relating to trade between the US and China or not.
One thing is for sure, Biden himself criticized a move by his predecessor administration, in which Trump issued arbitrary regulations of his own accord.
“President Biden’s biggest criticism of the Trump administration is not really about them being tough on China, but rather a strategy to establish all trade policies on Trump’s behalf,” the US official added.