Regardless of the election outcome, semiconductor manufacturers can expect more changes to legislation; increased compliance burdens and expanding regulations; and a growing roster of companies on the Bureau of Industry and Security’s (BIS) Entity List.
The Trump administration took a transactional, event-driven, companycentric approach to export controls, based on the view that entities like Huawei and SMIC most jeopardized U.S. interests. A second Trump administration might be more flexible than the Biden team and impose or withdraw restrictions to support other priorities such as trade negotiations.
The Biden administration developed a “small yard, high fence” strategy, which aimed to pinpoint and limit China’s access to specific technologies most advantageous to China’s military and surveillance capabilities. A second Biden term would likely see further expansion of this strategy, coupled with continued attempts to persuade allies and partners to do the same
“China has the capacity to retaliate hard and fast, but seems intent to demonstrate strength while avoiding unnecessary escalation to ...
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