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QINGDAO TODAY
在线翻译:
szdaily -> Business/Markets -> 
US imposes new rules on exports to China
    2020-04-29  08:53    Shenzhen Daily

THE United States said Monday it will impose new restrictions on exports to China to keep semiconductor production equipment and other technology away from China’s military.

The new rules will require licenses for U.S. companies to sell certain items to companies in China that support the military, even if the products are for civilian use. They also do away with a civilian exception that allows certain U.S. technology to be exported without a license.

The rules, which were posted for public inspection and will be published in the Federal Register today, could hurt the U.S. semiconductor industry and sales of civil aviation parts and components to China.

The changes, which also expand the range of items requiring licenses, affect Russia and Venezuela, too, but the biggest impact will be on trade with China.

The rule change also requires that U.S. companies file declarations for all exports to China, Russia and Venezuela regardless of value.

“Obviously, this is intended to give the U.S. Government more visibility into the types of goods U.S. exporters send to these countries and their customers,” said Washington trade lawyer Doug Jacobson.

Another rule change involves eliminating civilian license exceptions for Chinese importers and Chinese nationals, as well as other countries, including Ukraine and Russia. The exceptions have applied to certain integrated circuits, telecommunications equipment, radar, high-end computers and other items.

The Trump administration also posted a third proposed rule change that would force foreign companies shipping certain American goods to China to seek approval not only from their own governments but from the United States as well.

John Neuffer, president and chief executive of the U.S. Semiconductor Industry Association, said the industry was concerned the broad rules will “unnecessarily expand export controls for semiconductors and create further uncertainty for our industry during this time of unprecedented global economic turmoil.” (SD-Agencies)

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