Submitted by WallStreetDoesntBet t3_xvib9e in Futurology
WallStreetDoesntBet OP t1_ir10v77 wrote
A number of Chinese firms, government research labs and other entities are expected to face restrictions similar to Huawei, according to two people with knowledge of the plans.
In effect, any firm that uses American-made technologies would be blocked from selling to the Chinese entities that are targeted by the administration. It’s not yet clear which Chinese firms and labs would be affected.
ThisElder_Millennial t1_ir275mj wrote
They'll be blocked from buying, selling, or engaging in any sort of relationship. Not only for US firms, but for all businesses and organizations around the world moving forward. This is how the Entity List works; if you get on it, you're cut out of the US market. Anyone who violates that also gets cut out of the US market. We're using these same exact tools against the Ruskies right now.
ChristopherDuntsch t1_ir1xhtx wrote
The tech embargo wars have begun.
RobbieQuarantino t1_ir3j86q wrote
How exactly would something like this even be enforced?
ThisElder_Millennial t1_ir56ntl wrote
The US govt has offices with investigators all around the world.
RobbieQuarantino t1_ir63ezy wrote
Yea but it seems they would be investigating after the fact, which wouldn't necessarily block the transfer of tech
ThisElder_Millennial t1_ir65k2c wrote
Well, it's no different than any other law. Shit gets put on the books and if its broken, an investigation after the fact happens. Assuming they're guilty, punishments ensue.
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