WASHINGTON, DC – Following the Chinese Communist Party ban of Micron, Rep. Mike Gallagher (R-WI), Chairman of the Select Committee on the Chinese Communist Party, and Rep. Michael McCaul (R-TX), Chairman of the House Foreign Affairs Committee, sent a letter to Secretary of Commerce, Gina Raimondo, calling on Commerce to work with Japan and South Korea to ensure their companies do not take market share lost to the ban and undercut Micron.
The letter also suggests that Commerce explore how the Anti-Boycott law might be used in response to the ban, in tandem with aggressive export controls, against bad actors like CXMT.
In the letter, the Chairmen wrote, “General Secretary Xi’s decades long drive to make the PRC economy subservient to his national security agenda is forcing countries, such as the United States, to respond. To keep its highest end semiconductor technology from being used by the Chinese Communist Party’s (CCP) military or to facilitate CCP human rights abuses, the United States had to implement export controls against the PRC. In response to the United States’ legitimate national security action, the CCP lashed out with an arbitrary economic embargo against one American company. Now, the United States must ensure that this economic aggression fails…
“The U.S. government can no longer sit on the sidelines as the PRC selectively targets U.S. and allied entities with the goal of intimidating our businesses and harming our economic security.”
