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America threatens novel export control to deprive Russia of key tech components

Added 01-24-22 10:36:03am EST - “Such export controls that expand US sanctions beyond financial targets have only been deployed once before - to nearly bring down Chinese tech giant Huawei.” - Dailymail.co.uk

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Posted By TheNewsCommenter: From Dailymail.co.uk: “America threatens novel export control to deprive Russia of key tech”. Below is an excerpt from the article.

America has threatened to impose a novel export control to deprive Russia of key tech components that would damage AI and aerospace industries if Russia were to invade Ukraine.

That control is aimed at blocking the export of cutting-edge 'novel' American-made products to Russia, in a bid to deprive Vladimir Putin's regime of technology that could be used in any future conflict with Ukraine. 

Officials said the Biden Administration may also opt to apply the control to restrict Russia's access to semiconductors, and therefore making it harder for Russians to get their hands on smartphones, games consoles and tablets. 

Such export controls that expand US sanctions beyond financial targets have only been deployed once before against Huawei, the Chinese tech giant.

The measures, implemented over fears its products were being used to spy on behalf of China's communist government, went towards Huawei experiencing a 30 percent drop in annual revenue - its first ever. 

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