The chair of the House Select Committee on China has been gaming out possible conflict scenarios should Beijing ever invade Taiwan. He says restricting tech investments and exports now would help the U.S. in the future.
has convened both defense and finance experts to game out a hypothetical war between the U.S. and China should Beijing ever decide to invade Taiwan. Now, he says it would be “useful” to run a similar experiment with tech companies as well.
“I just want us to do everything possible to prevent a war with China, because if nothing else, our war game teased out how destructive such a conflict would be, both in terms of the economic cost as well as the human costs,” Gallagher saidMost recently, Gallagher has urged the Commerce Department to expand its existing trade controls on China by.
“If you’re going to ask the American taxpayer to give you money, I think it’s reasonable for the American taxpayer to say, ‘OK, you know, you’re going to have to accept a set of restrictions on your ability to do business in China,’” he continued.
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