A key House Republican has criticized the Biden administration's new export controls aimed at limiting China's chipmaking capabilities, claiming they contain loopholes that allow companies like Huawei to continue accessing American technology. Representative John Moolenaar expressed his concerns in a letter to Commerce Secretary Gina Raimondo, highlighting that certain provisions permit Chinese firms to circumvent sanctions by applying different restrictions to various parts of their operations.
Congressmen John Moolenaar and Jared Golden are pushing to suspend the 45X Advanced Manufacturing Production Tax Credit, citing concerns over Chinese companies benefiting from it if they establish factories in the US. While outright elimination is unlikely to gain support from US manufacturers, modifications to restrict access for Chinese firms are anticipated. The ongoing debate reflects broader bipartisan support for enhancing US clean energy manufacturing initiatives.
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