New Forbes Column: Commerce Department Inaction on YMTC Harms Americans, Shames Sec. Raimondo
For months China Tech Threat and other national security leaders have pressed the Commerce Department to put Chinese military-linked chipmaker YMTC on the Entity list. That move would prohibit U.S. firms from selling high-tech tools to YMTC – a much-needed step to protect Americans’ privacy and national security.
Unfortunately, YMTC this week announced the ability to develop 232-layer chips, a major technological breakthrough. Any new Commerce Department export controls targeting YTMC will now be too little, too late.
Forbes columnist and China Tech Threat co-founder Roslyn Layton’s new column elaborates on the problem:
The Commerce Department is clearly failing on its mission to promote and protect US technologies from China. Many of its existing restrictions are not enforced, and bad… Read More