U.S. Commerce Secretary Gina Raimondo spoke with Chinese Commerce Minister Wang Wentao on Tuesday (8th). Wang Wentao expressed serious concerns about the U.S.'s semiconductor policy towards China and restrictions on China's connected cars. Raimondo emphasized that there is no room for negotiation on U.S. national security and reiterated Washington's "small yard, high wall" technology control strategy against China.
The U.S. Embassy in China released a transcript of the call on Wednesday (9th). Raimondo noted that the U.S. business community continues to be concerned about China's declining regulatory transparency, non-market policies and practices, and structural overcapacity in several industries. He emphasized that the "small courtyard, high wall" strategy aims to safeguard U.S. national security in the most targeted way possible while leaving room for healthy trade and investment. The transcript also stated that both sides agreed to maintain open channels of communication in the coming months.
The "small-yard, high-fence" strategy is a narrow, national security-focused regulatory measure implemented by the Biden administration to control China's exports of high-end technology. Late last week, the U.S. Department of Commerce announced that it was developing new measures to ban the sale of connected and autonomous vehicles equipped with Chinese and Russian software and hardware in the United States. According to AFP, Raimondo emphasized that this measure is not about pursuing economic interests but is purely for national security. He also stated that features such as microphones, mirroring, satellite positioning, and Bluetooth in vehicles could make Americans vulnerable to malicious attacks and the disclosure of personal information.
China in "intensive communication" with Europe and the US on electric vehicle Tariffin
In addition, Xinhua News Agency quoted "informed sources" on Wednesday night as saying that China, the United States and the European Union have recently "held intensive communications" on trade issues such as electric vehicles. At the same time, the China-EU working groups will continue negotiations after representatives of EU member states recently voted to impose anti-subsidy tariffs on Chinese electric vehicles.
Earlier, Reuters reported that the Chinese government had proposed to the European Union to set the minimum price of electric vehicles manufactured in China and sold to EU countries at 30,000 euros, but was rejected by the EU.
