U.S. Senator Chuck Schumer and Biden’s team are working to tackle China’s ban on micron chips
- China’s cyberspace regulator says Micron has failed its network security assessment, and will prevent key infrastructure operators from buying from the firm.
- Schumer, a top Democrat, called the ban a “disturbing use of economic coercion” and said he wanted to make it clear to Beijing that such behaviour was “unacceptable.”
The top Democratic leader in the U.S. Senate said Tuesday that he and President Joe Biden’s administration are in talks with allies and businesses to deal with China’s ban on the sale of memory chips made by Micron Technology Inc.
China’s cyberspace regulator’s sanctions this week against Micron, america’s largest memory chip maker, are the latest in a growing trade dispute between the world’s two largest economies.
Senate Majority Leader Chuck Schumer said the chinese government’s action against Macron was not based on reality and was a disturbing use of economic coercion against the United States.
I am working closely with the Biden administration to make clear to the Chinese government that such behaviour is unacceptable and unproductive.
”We are in talks with the wider business community as well as our allies and partners to deal with the Chinese government’s sanctions against Micron,” Schumer added.
Earlier this month, Schumer launched a new effort to curb competition from China, planning legislation to increase the U.S. ability to confront the Asian powerhouse on threats from technology to security and Taiwan.
Republican lawmaker Michael McCaul, chairman of the House Foreign Affairs Committee, said in a statement, “China’s legal system is designed to force any person or company under its authority.” It’s a mafia-like legal system trying to intimidate an American company. The United States and its partners and allies must unite against this economic aggression.
The Chinese embassy in Washington did not immediately comment on the matter.
China’s cyberspace regulator said on Sunday that Micron has failed its network security assessment and the regulator will bar key infrastructure operators from buying from the company.
Micron had predicted on Monday that the ban would reduce revenue from lower single to more single digits.
China’s move against Micron, america’s largest memory chip maker, is seen as a response to Washington’s efforts to limit access to critical technology.
The announcement comes a day after the rich countries of the Group of Seven (G7) agreed that they would “try to reduce the threat from China, not separate from China”, and Washington would pressure its allies to join it in limiting chip equipment exports to China.
