The Biden administration plans to pass a Trump-era rule targeting Chinese tech companies deemed a threat to the United States to take action despite protests from U.S. businesses, the U.S. Department of Commerce said. SA Friday.
The department issued a final interim rule in the final days of the Trump administration aimed at addressing information and communications technology supply chain concerns and said it would take effect after a 60-day period of public comment.
On Friday, a Trade spokesman said in a statement that the department would continue to accept public comments on the rule until March 22, when it would take effect.
“Reliable information and communications technology and services are critical to our national and economic security and remain a top priority for the Biden-Harris administration,” the statement said.
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The U.S. Chamber of Commerce and organizations representing major industries raised concerns in a letter to the Department of Commerce in January that the interim rule gave it “almost unlimited authority to engage in almost any trade between U.S. companies and their foreign counterparts that embrace technology, with little to no due process, accountability, transparency, or coordination with other government programs. “
Business Roundtable, an organization representing top U.S. executives, said earlier that the proposal is “inoperable for U.S. businesses as it currently stands.”
The Wall Street Journal first reported on Biden’s management plans.
As the Department of Commerce continues to accept public comments, they may review the rule based on complaints from businesses and others.