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28th February 2022, 04:48 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
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| US cracks down on Russian use of US tech Well not Apple gear, you can still have that if you can afford it The United States restricted exports to Russia of a broad set of US-made products as well as foreign-produced goods built with US technology, following the invasion of Ukraine. Here is how the rules are expected to affect US tech companies, according to six experts on US trade law. US companies must now obtain licenses to sell computers, sensors, lasers, navigation tools, telecommunications, aerospace, and marine equipment. The United States has made it clear that they are wasting their time as they will deny almost all requests. A similar restriction was first applied in recent years to companies shipping to Chinese technology giant Huawei, to great effect. The response was that the Chinese decided it was better to develop their own technology and be free of the shackles of US companies. While they are no way there yet, it will only be a matter of time and it would appear that Russia will be a willing buyer if the embargos continue. Meanwhile, many companies may opt to suspend all sales to Russia out of caution, legal experts said. Dan Goren, partner at law firm Wiggin and Dana, said a client that makes electronic equipment had already held shipments to a Russian distributor on Thursday. US exports to Russia were limited to about $6.4 billion last year, US census data show, with machinery and vehicles among big categories in past years. https://fudzilla.com/news/54436-us-c...use-of-us-tech |
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