The Biden administration is considering controlling exports related to semiconductors to the detriment of Russian industry, a senior administration official confirmed to CBS News. The move could be made in a way to keep new smartphones and other technology from Russian citizens.
Specifically, the administration threatens to use the rule of direct foreign products to deprive Russia of semiconductor technology, the official confirmed, as virtually all semiconductors are designed with US software and parts. The United States is working with European and Asian allies to make a rule that will hold essential components of industries that Russian President Vladimir Putin needs to grow the Russian economy, such as artificial intelligence and space travel.
The Washington Post first reported that the United States is threatening to use such export controls. The rule of direct foreign products was implemented on the Chinese company Huawei last year, and their annual turnover fell sharply.
The consideration of expert control comes as Secretary of Defense Lloyd Austin hason “increased preparedness” to deploy to the region if necessary, bringing the number of U.S. forces on increased alert to 8,500, according to Pentagon Press Secretary John Kirby.
The export control measure would go beyond the strict sanctions package that the United States is preparing to adopt if Russia were to invade Ukraine further.
Mr. Biden met practically Monday afternoon with European leaders to talk about Russia’s military build-up at Ukraine’s borders, a meeting that the White House added to his public schedule Monday morning. The meeting lasted 20 minutes.
Mr. Biden told the journalist that they had a “very, very good meeting” and that there is “complete agreement with all the European leaders.”
White House Chief of Staff Ron Klain told CBS News last week that “nothing on the economic side is off the table” when it comes to sanctions against Russia.
The president told reporters last week that it was his “guess” that Putin would “move in” to Ukraine.