Inside Trade

September 9, 2024

Rubio: BIS should adopt presumption-of-denial standard for China

By Brett Fortnam  / September 4, 2024 at 6:30 AM
All export license applications for products destined to China should be considered under the presumption of denial, Sen. Marco Rubio (R-FL) told Commerce Secretary Gina Raimondo on Tuesday, citing China’s ability to avoid U.S. export controls on advanced semiconductors. Commerce’s Bureau of Industry and Security has in recent years levied a series of export controls aimed at preventing China from obtaining advanced semiconductors and semiconductor equipment. But Rubio, citing recent reports in the Wall Street Journal and New York Times...

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