US advisory group wants tough limits on Chinese tech and trade - here's why

US-China commission suggests major changes to trade rules and tech restrictions in new report to Congress. Group wants to limit Chinese imports create new AI project and change long-standing trade agreements

November 19 2024 , 03:41 PM  •  2568 views

US advisory group wants tough limits on Chinese tech and trade - here's why

Washingtonʼs bi-partisan group shows growing worries about US-China relations in their latest report (which came out this tuesday). The US-China Economic and Security Review Commission thinks its time for big-time changes

The group wants to shake-up decades-old trade deals: heres what they suggest

  • Stop Chinaʼs special trade status
  • Block tech imports like smart-robots
  • Start huge AI development program
  • Make export rules more strict

The commission thinks Xi Jinpingʼs leadership style needs a strong response. “Its become hard to change Xiʼs mind if he decides to make risky moves“ the report points out

Trade relations need fixing - thats what the group says about deals made back in early 2000s. John Moolenaar from the House already started pushing for changes last week. Commissioner Jacob Helberg explains: “changing trade status doesnt mean instant tariffs; it gives more options to deal with China“

Tech competition is getting hot especially in AI development. After Biden and Xi talked about AI limits for nuclear weapons this weekend‚ commissioner Randall Schriver notes: “both sides keep racing forward“. The group wants a big project – like the old atomic program – to beat China in making super-smart AI

Commissioner Michael Kuiken points at another problem: “weʼre falling behind in biotech‚ and without big govʼt help things will get worse“

The group wants broader tech limits than current rules allow. Michael Wessel thinks its time to protect more industries from Chinese competition‚ but keeps door open for talks: “US stays ready to talk while being real about Chinaʼs actions“