Biden cripples China's semiconductor industry overnight
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Biden cripples China's semiconductor industry overnight
1–10 of 19 posts
Re: Biden cripples China's semiconductor industry overnight
#2Any thoughts on why this news overall isn't getting more attention? And what about the threat of taking away citizenships, is that even legal?
Re: Biden cripples China's semiconductor industry overnight
#3Any thoughts on why this news overall isn't getting more attention? And what about the threat of taking away citizenships, is that even legal?
Is there a source on the loss of citizenship? Historically the US made it very hard to give up citizenship, I would be surprised if they for once made an easy way to relinquish it.
Re: Biden cripples China's semiconductor industry overnight
#4Any thoughts on why this news overall isn't getting more attention? And what about the threat of taking away citizenships, is that even legal?
There is no threat of taking away citizenship.
Citizens will be banned from certain jobs with severe penalties for breaches.
Therefore execs with dualcitizenship might choose to give up US citizenship and keep their jobs instead. But no-one will take their US citizenship away.
The article is highly misleading and misrepresents the situation.
Re: Biden cripples China's semiconductor industry overnight
#5That's a really slanted article, from the first sentence. I would take everything it says with a grain of salt.
That said... I question whether this is actually within the president's authority. What did he actually order? (No, I don't care what this article says. What was the actual order?) Does he, constitutionally, have the authority to do that?
Re: Biden cripples China's semiconductor industry overnight
#6That's a really slanted article, from the first sentence. I would take everything it says with a grain of salt. That said... I question whether this is actually within the president's authority. What did he actually order? (No, I don't care what this article says. What was the actual order?) Does he, constitutionally, have the authority to do that?
No post body was provided.
Re: Biden cripples China's semiconductor industry overnight
#7Any thoughts on why this news overall isn't getting more attention? And what about the threat of taking away citizenships, is that even legal?
No post body was provided.
Re: Biden cripples China's semiconductor industry overnight
#8That's a really slanted article, from the first sentence. I would take everything it says with a grain of salt. That said... I question whether this is actually within the president's authority. What did he actually order? (No, I don't care what this article says. What was the actual order?) Does he, constitutionally, have the authority to do that?
Looks like the new rule is over at:
https://www.federalregister.gov/documents/2022/10/13/2022-21...
Re: Biden cripples China's semiconductor industry overnight
#9That's a really slanted article, from the first sentence. I would take everything it says with a grain of salt. That said... I question whether this is actually within the president's authority. What did he actually order? (No, I don't care what this article says. What was the actual order?) Does he, constitutionally, have the authority to do that?
Yes. The President, as the Chief Executive, has the authority to manage anything w.r.t. foreign policy. This includes the imposition and management of tariffs (something not a lot of people realize Congress ceded to the executive), as well as imposing sanctions, or getting any of the basket of regulatory agencies operating under him to enact something tut sweet.
As far as I am aware, he added Semiconductor fab equipment to the restricted export list. ASML can, as a result, not sell those items to chinese customers without facing mucho pain from the U.S. in terms of sanctions or other unpleasantness. Anyone with U.S. citizenship who violates that restriction is in a great deal of hot water if it is found out about, and they try to return/are in the States.
Re: Biden cripples China's semiconductor industry overnight
#10Any thoughts on why this news overall isn't getting more attention? And what about the threat of taking away citizenships, is that even legal?
There is no threat of taking away citizenship. Citizens will be banned from certain jobs with severe penalties for breaches. Therefore execs with dualcitizenship might choose to give up US citizenship and keep their jobs instead. But no-one will take their US citizenship away. The article is highly misleading and misrepresents the situation.
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