Russian Satellite News Agency, Washington, October 29. A White House spokesman said that the US government prohibits individuals in the United States from participating in separate transactions involving semiconductors, quantum technology and artificial intelligence if they involve national security-related technologies or individuals from certain countries such as China.
“Today, the Treasury Department will issue a final rule implementing President Biden’s August 2023 Executive Order 14105,” the spokesperson told reporters at a special press briefing.
The U.S. official explained that the rule has two key restrictions: the first is a prohibition on U.S.-based persons from participating in certain transactions, including semiconductors, quantum technology and artificial intelligence .
He added, “Second is requiring U.S. persons to report certain businesses, including semiconductors and artificial intelligence, to the Treasury Department.”
A White House spokesman said such restrictions were aimed at countries such as China on the grounds of limiting Beijing’s potential for defense industrial development.
