Commerce Secretary Gina Raimondo said the US “won’t tolerate” the recent decision by Chinese authorities to ban chips by Micron Technology Inc. in some critical sectors, using her sharpest language yet to describe Washington’s reaction.
“We see it as, plain and simple, economic coercion,” she said, using a phrase both sides have lobbed at each other amid recent tensions. “We won’t tolerate it, nor do we think it will be successful.”
Raimondo’s comments Saturday come after the two sides had a chance this week to air their grievances in person and pledged to keep communications open going forward. Raimondo met with her counterpart, Wang Wentao, in Washington on Thursday, followed by a similar meeting Friday with United States Trade Representative Katherine Tai.
“You’ll continue to see ongoing dialogue now,” Deputy US Trade Representative Sarah Bianchi said earlier Saturday in a separate interview. “How difficult those conversations will be or what they’ll lead to, I don’t know, but the conversation in and of itself is actually quite important.” Representative Mike Gallagher, a Wisconsin Republican who leads a China-focused congressional committee, has called for adding Changxin Memory Technologies Inc. to a US list of firms with restricted access to American technology. A similar step was a blow to Chinese network giant Huawei Technologies Co.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Economic development in Asia still faces many challenges, China minister saysEconomic and trade development in the Asia-Pacific still faces many disturbances and challenges, China&39;s commerce minister Wang Wentao said.
Read more »
China urges Japan to halt export restrictions on chipsChinese Commerce Minister Wang Wentao calls the semiconductor export controls a 'wrongdoing' that 'seriously violated' international economic and trade rules.
Read more »
Sara launches 'Million Learners and Trees' programVICE President and Education Secretary Sara Duterte has launched the 'PagbaBAGo: A Million Learners and Trees' meant to benefit students, the environment and families.
Read more »
PH to go after drug syndicates through ‘effective, focused, dedicated law enforcement’ — DOJThe Philippines remained committed to going after organized and big drug groups through “effective, focused, and dedicated law enforcement,” according to Department of Justice (DOJ) Secretary Jesus Crispin Remulla.
Read more »
‘HOHO’ busMSGallery ‘HOHO’ bus Tourism Secretary Cristina Frasco and her two sons ride a bus as she leads the pilot run of the ‘Philippine Hop On Hop Off (HOHO) Travel By the Hubs’ tourism project in Makati City on Sunday. Led and initiated by the DOT-Nation--
Read more »
Gentle Hands children in 'safe hands' – DSWDSenator risahontiveros files Senate Resolution (PSR) No. 643 to conduct an inquiry in aid of legislation on the cease and desist order issued by the DSWD against Quezon City orphanage Gentle Hands Inc. | via ryanmacasero RELATED:
Read more »