U.S. threatens use of novel export control to damage Russia's strategic industries if Moscow invades

Source: Washington Post

U.S. threatens use of novel export control to damage Russia’s strategic industries if Moscow invades Ukraine

By Ellen Nakashima and Jeanne Whalen
Today at 3:06 p.m. EST

The Biden administration is threatening to use a novel export control to damage strategic Russian industries, from artificial intelligence and quantum computing to civilian aerospace, if Moscow invades Ukraine, administration officials say.

The administration may also decide to apply the control more broadly in a way that would potentially deprive Russian citizens of some smartphones, tablets and video game consoles, said the officials.

Such moves would expand the reach of U.S. sanctions beyond financial targets to the deployment of a weapon used only once before — to nearly cripple the Chinese tech giant Huawei.

The weapon, known as the foreign direct product rule, contributed to Huawei suffering its first-ever annual revenue drop, a stunning collapse of nearly 30 percent last year.

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Read more: https://www.washingtonpost.com/national-security/2022/01/23/russia-ukraine-sanctions-export-controls/