US Lawmakers Back Trump's Tech Export Limits on China

In a surprising turn of events, some US politicians are cheering a potential new rule from the Trump administration. This rule could limit tech exports to China. The idea is to hit back at China's recent move to control rare earth exports. The plan is still in the works, but it could affect a wide range of products. These include laptops, jet engines, cars, and industrial pumps. All these items might contain or be made using US software. Treasury Secretary Scott Bessent hinted at this possibility. He mentioned that the US is considering various options. If this happens, it could be part of a bigger plan with other countries.Some lawmakers are fully behind this idea. Republican Congressman John Moolenaar sees it as a way to protect US technology. He believes it's a necessary step to counter China's actions. Republican Senator Rick Scott also supports the move. He thinks it's important to limit China's access to US tech. He sees it as a way to protect American jobs and innovation. This all started after China expanded its control over rare earth exports. These are crucial for many US industries, like automakers and tech companies. The US is now looking at ways to respond. The situation is complex, and the outcome is uncertain. But one thing is clear: the US is taking a strong stance on tech exports to China.