"Raimondo Urges 'Different Tools' in Response to Huawei Chip"
Originally Published 2 years ago — by Yahoo Finance
US Commerce Secretary Gina Raimondo expressed concern over reports of a chip breakthrough by Huawei Technologies, emphasizing the need for additional tools and resources to enforce export-control regulations. Raimondo mentioned a stalled legislative proposal and an alternative framework to mitigate risk in the tech supply chain. She declined to comment on the progress of the Commerce Department's probe into a new Huawei smartphone powered by an advanced 7-nanometer chip. Raimondo faced political pressure to tighten controls on China's technological advancement while the administration seeks to improve ties with Beijing.