Rep. Frank Lucas (R-OK-3) sat down with the Hudson Institute on Monday for a one hour event on how to counter China economically and the biggest takeaway was the obvious: it won’t be easy, and everyone has a different opinion on it.
Technology is vital to a large and growing part of daily life, communications, the economy, and national defense. The US is and must remain the world’s preeminent technology leader. We must act to bring back to the US much of the technology manufacturing that has been offshored.
Semiconductors, software, wireless and wireline communications, video communications, renewable energy, and other modern technologies are essential to US security and the health of our economy. The US must support growth and innovation in our world-leading technology businesses. We must ensure continued US leadership. Our technology industry is under attack from foreign nations who engage in IP theft and cyberespionage on a daily basis. The US government must defend those companies. Foreign technology companies, especially from China, use massive government subsidies, protectionist policies, and other illegal means of furthering their own national champions, at great cost to American companies. We must counter those threats with industrial policies that ensure US research and development leads the world. We must rebuild our technology manufacturing capability. Many modern technology products are not manufactured in the US and we must address this situation with support for re-shoring technology production.
Microchips, microchips, microchips… These days, almost everything we use in our daily lives is controlled by tiny integrated circuits. They’re the miniature brains in our
It’s not Washington’s job to protect the investments that companies make in China. But it should be a priority of Congress to ensure that U.S. industrial policies, like the CHIPS Act, can benefit our companies and our workers.
Consumers deserve safe e-commerce. Requiring COOL labeling would be a small price for safe, reliable online shopping. Congress should move quickly to pass bipartisan country-of-origin labeling provisions and ensure that consumers’ lives aren’t put at risk by unsafe imports.
A look at what states are banning Chinese tech companies like Lenovo, and why more are following this trend started by the state of Georgia.