Commerce Department Released a new rule on tuesday that will allow American Companies to collaborate with wall way on setting standards for next generation technologies essentially what this means is the new rule will amanda wall way entity listing and it will allow certain technologies to be released to walk away and its affiliates if it contributes quote to the revision or development of a standard in a Standards Organization will the u. S. Added why wait to its entity list in may of 2019 this was over National Security concerns a claim that wall way has repeatedly denied but in an interview with fox business commerce secretary wilbur ross clarified that this new rule is not to help wall way but simply to quote help make sure we have ubiquity in 5 g. Adding the change is really simply a clarification it isnt that were doing something to help all way what were doing is something to make it easier for Global Standards to be symmetrical. Ross reiterated National Security concerns remain
The House Oversight and the m subcommittee on Coronavirus Crisis held a hearing on the strategic hear from ockpile to the person in charge of keeping it filled. From estifying, officials the Defense Department and health and Human Services. Good morning. Welcome, everybody. Mr. Clyburn today, our select holding a hybrid hearing where some members will appear in person and others will webex. Remotely via since members are appearing in person, let me first remind veryone that pursuant to the latest guidance from the house attending physician, all ndividuals attending this hearing in person must wear a Face Covering. Remove themw you to s you see me doing in order to speak. I know a bit about how your and then t fogged up you dont see where youre going. Wearing a Face Covering are not permitted to remain in the hearing room and recognized to speak. So when youre not speaking, we you to have the facemask orwell not recognize you. Or we will not recognize you. Make a few reminders about hyb
To the revision or development of a standard in a Standards Organization will the u. S. Added waterway to its entity list in may of 2019 this was over National Security concerns a claim that wall way has repeatedly denied but in an interview with fox business commerce secretary will ross clarified that this new rule is not to help wall way but simply to quote help make sure we have ubiquity in 5 g. Adding the change is really simply a clarification it isnt that were doing something to help all way what were doing is something to make it easier for Global Standards to be symmetrical ross reiterated National Security concerns remain over while these 5 g. And said that spying is a very real issue will the rule is scheduled to be formally published this thursday. For more we are joined by a host of Economic Data and author of understanding socialism professor Richard Wolfe professor as always thank you for being with us today. Lets start with the shares in Chinese Telecom companies that ha
Socialism professor Richard Wolfe professor as always thank you for being with us today lets start with the shares in Chinese Telecom companies that have jumped following these loosened sanctions as i just mentioned u. S. Secretary of commerce will be while we remains a Serious National Security concern but is this the start of the u. S. Essential e backing down. Absolutely if this is a should leave the United States widely expected for some time and as a response not only to pressure from American Companies that want to walk away and rely on business with. Initial pressure from all the countries germany is a prime example that have already embedded while way. Which is among the best in the world i mean a little dish in the long run jus wont be ready as better chips will go to the United States. In telecommunications and this is the recognition that the chinese really already completed or you believe the highest level and yes its. Because you become too expensive for the United States
Commerce Department Released a new rule on tuesday that will allow American Companies to collaborate with wall way on setting standards for next generation technologies essentially what this means is the new rule will amanda wall way entity listing and it will allow certain technologies to be released to walk away and its affiliates if it contributes quote to the revision or development of a standard in a Standards Organization will the u. S. Added wa wait to its entity list in may of 2019 this was over National Security concerns a claim that wall way has repeatedly denied but in an interview with fox business commerce secretary wilbur ross clarified that this new rule is not to help wall way but simply to quote help make sure we have ubiquity in 5 g. Adding the change is really simply a clarification it isnt that were doing something to help all way what were doing is something to make it easier for Global Standards to be symmetrical ross reiterated not. Security concerns remain over