Cannot overstate how big a deal this is: proposed rules for ICT supply chain exec order dropped today from @CommerceGov would give gov't unprecedented , sweeping authority over the tech sector. This goes miles beyond Huawei 1/n (h/t @pstAsiatech)
commerce.gov/news/press-rel…
commerce.gov/news/press-rel…
@CommerceGov @pstAsiatech It would create a new #CFIUS like body at commerce for case-by-case review if one wants to import or install ICT tech/equipment/software developed in "foreign adversaries" (e.g. China, Russia). If commerce/intel community thinks it is risky, can force changes, and reject 2/n
@CommerceGov @pstAsiatech This could be the ultimate decoupling tool, giving gov authority to shut off Chinese electronics' use in US. Commerce ICT definition is "information or
data processing, storage, retrieval, or communication." Read: phones, any #IOT device, smart TV, hard drive, routers... 3/n
data processing, storage, retrieval, or communication." Read: phones, any #IOT device, smart TV, hard drive, routers... 3/n
@CommerceGov @pstAsiatech The regs are open for comment for 30 days. Industry better step up to suggest guard rails on this, because the disruption to tech supply chains could be devastating. Our best companies could be bogged down in red tape, unable to obtain key inputs. Fin
s3.amazonaws.com/public-inspect…
s3.amazonaws.com/public-inspect…
