Biden admin grilled over $23 billion in licenses for blacklisted Chinese firms

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Biden. The Manchurian Candidate.


Biden admin grilled over $23 billion in licenses for blacklisted Chinese firms

https://www.yahoo.com/news/u-approve...172355324.html



FILE PHOTO: U.S. Congressman McCaul attends news briefing in Kyiv


Karen Freifeld and Alexandra Alper
Tue, February 28, 2023 at 11:23 AM CST·2 min read
In this article:

Joe Biden
  • Traitor of the United States since 2021
By Karen Freifeld and Alexandra Alper


(Reuters) -The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a Republican lawmaker said on Tuesday.


The data comes amid growing pressure on the administration of Democratic President Joe Biden to further expand a broad crackdown on shipments of sensitive U.S. technology to China from Republican lawmakers, who now control the House of Representatives.


“Overwhelmingly, (the Commerce Department) continues to grant licenses that allow critical U.S. technology to be sold to our adversaries,” Republican Representative Michael McCaul, chair of the House of Representatives Foreign Affairs Committee, said at a hearing on combating the generational challenge of Chinese aggression, as he grilled U.S. officials for allowing the licenses to be approved.


“How does this align with your statement that ‘we’re doing everything within (the Commerce Department’s) power to prevent sensitive U.S. technologies from getting in the hands of (Chinese) military, intelligence services or other parties?”


McCaul said the Commerce Department, which oversees export controls, denied only 8% of license requests to sell to companies on the U.S. trade blacklist during the January to March period last year.


Commerce Department official Alan Estevez, who oversees U.S. export policy, told the hearing that a Trump-era policy that allows China’s blacklisted telecommunications equipment maker Huawei to receive some U.S. technology below the “5G level” is “under assessment.”


Estevez also described TikTok as a "threat," noting that a powerful committee that reviews foreign investments in the United States was dealing with how to handle the popular Chinese-owned social media app.


TikTok said in a statement the company has been working with the Committee on Foreign Investment in the United States "for over two years on a plan to address national security concerns about TikTok in the U.S."


Democratic Congressman Gregory Meeks cautioned against reading too much into the licensing numbers, noting that the approval and denial data provides no information about the transactions.


The data comes a week after the Biden administration added new Chinese companies to the trade blacklist for aiding Russia’s military and months after announcing a sweeping new policy aimed at dramatically curbing shipments of chips and chipmaking tools to China.


Chinese tech giant Huawei Technologies Co Ltd was added to a trade blacklist known as the entity list by former Republican President Donald Trump in 2019, amid allegations of sanctions violations, spying capabilities, and intellectual property theft.


Suppliers of most companies added to the entity list see their requests to ship to the targeted firms denied, but the Trump administration implemented a special policy for Huawei, pledging to deny it access to some things like 5G chips but allow it to receive other items, such as 4G chips.


(Reporting by Karen Freifeld and Alexandra Alper; Editing by Chizu Nomiyama, Marguerita Choy and Leslie Adler)
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Dementia Joe, the brain-damaged babbling imbecile, has little idea of what is happening around hm at the moment but even if he did he'd gleefully sell working class American suckers swirling straight down the toilet bowl if he thought if would do the democrat party or better yet himself a sliver of good in the short run.

Personally I find his lifestyle of voluntarily and eagerly laying prostrate before globalist communist scumbags is nothing compared to his influence peddling and direct cash payments to the animals running the rogue government in Ukraine.

Good for him the angry resentful housewives and pussified male lesbians have been hypnotized into never ending fits of guilt by cocksucking mainstream media.

Went to the supermarket today, they literally didn't have a single loaf of bread on the shelves.

America is turning into Cuba.

Keep voting for democrats you fucking idiots.