Trump Grants Negotiation Team Authority to Ease Export Restrictions

Source
Son Min

Summary

  • President Donald Trump has reportedly given his negotiation team the authority to ease export restrictions.
  • It has been announced that the items eligible for relaxation include aircraft engine parts and semiconductor manufacturing software.
  • This decision could affect the trade of key technologies in relation to the U.S.-China trade talks.

During the ongoing trade talks between the United States and China, President Donald Trump has reportedly granted his negotiation team the authority to ease export restrictions.

According to Walter Bloomberg on the 10th (local time), President Trump gave the negotiating team the authority to relax export restriction measures on key technologies. The restricted items include aircraft engine parts and semiconductor manufacturing software.

Meanwhile, Scott Bessent, the Secretary of the Treasury, Howard Lutnick, the Secretary of Commerce, and Jamieson Greer, the U.S. Trade Representative, participated in this meeting.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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