On October 7, 2022, the Biden administration suddenly restricted exports of certain equipment and services to Chinese semiconductor companies. Motivated by national security concerns, the policy aims to slow the Chinese industry’s ability to produce advanced node semiconductors. Chad P. Bown interviews Kevin Wolf, former assistant secretary of commerce for export administration under the Obama administration, to describe how the October 7 export controls impact US and foreign companies up and down the global semiconductor supply chain.
National security, semiconductors, and the US move to cut off China | PIIE