No Chips for You! America’s New Export Controls on Semiconductors and Their Implications for Global Trade

11/04/2022

|

WITA

On October 7, 2022 the United States Department of Commerce announced new export controls on advanced computing and semiconductor manufacturing items to the People’s Republic of China (PRC). These new rules will restrict the PRC’s ability to obtain advanced computing chips, develop and maintain supercomputers, and manufacture advanced semiconductors.

According to the Commerce Department, the goal of the new rules is to “protect [U.S.] national security and prevent sensitive technologies with military applications from being acquired by the People’s Republic of China’s military, intelligence, and security services.” Panelists joined WITA to discuss the impact of the new U.S. rules, and what they mean for the future of global semiconductor trade and U.S.-China relations. 

 

Featured Speakers:

Melissa Duffy, Partner, Fenwick & West LLP

Jimmy Goodrich, Vice President of Global Policy, Semiconductor Industry Association

Paul Triolo, Senior Vice President for China and Technology Policy Lead, Albright Stonebridge Group and Denton’s Global Advisors

Moderator: Paula Stern, Ph.D., President, The Stern Group, and former Chair of the U.S. International Trade Commission; author of Water’s Edge: Politics and the Making of American Foreign Policy

 

Speaker Biographies

Melissa Duffy

Melissa Duffy is a Partner at Fenwich & West LLP. Her practice is on a broad range of international trade matters, including export controls, OFAC sanctions, regulation of emerging technologies, digital trade, CFIUS, tariffs and national security issues involving several U.S. agencies, both civil and criminal. She advises multinational companies across a wide range of sectors, including technology, financial, manufacturing, consumer goods, and energy. Melissa counsels clients on day-to-day compliance operations, and she advocates daily before the U.S. government, in coordinating meetings for clients with regulators, drafting requests for regulatory guidance, preparing export and sanctions license requests, advising on rulemakings, preparing commodity classification and jurisdiction requests, counseling on tariff strategies, and investigating and preparing complex voluntary disclosures.

Melissa began her legal career in the U.S. Nuclear Regulatory Commission, Office of the General Counsel, where she discovered her enthusiasm for talking with engineers. She has since developed extensive experience across the technology sector, having built deep relationships with clients in the cybersecurity and encryption, software, autonomous vehicle, sensor and artificial intelligence, gaming, computer, telecom, satellite, semiconductor and network infrastructure industries.

Melissa is highly regarded in her area of practice, presenting and publishing regularly on international trade and technology regulations. She has been ranked as “Up and Coming” by Chambers USA (2021) and is described as having “a very good technical understanding of the regulations.” She is also consistently recognized by The Legal 500 and was appointed to Law360’s International Trade Editorial Advisory Board. Melissa was recognized as one of Washington DC’s leading female attorneys by DCA Live’s Emerging Women Leaders in Law (2022). She was also recently appointed to the U.S. Department of State’s International Digital Economy and Telecommunication (IDET) Advisory Committee where she advises and provides strategic planning recommendations on digital economy, digital connectivity, economic aspects of emerging digital technologies, telecommunications and communication and information policy matters. She has given presentations at numerous conferences and webinars held by the International Bar Association, the American Conference Institute, Bloomberg, the Association of Certified Anti-Money Laundering Specialists (ACAMS) and a Silicon Valley private equity general counsel forum. Melissa has given live interviews for BBC World News and the Associated Press and has been quoted several times in the Washington Post and other mainstream media outlets, provided commentary for Law360 and the Global Investigations Review, and is on the board and a frequent contributor to World Export Compliance Review (WorldECR).

Melisa also has done significant work on pro bono matters, focusing on the representation of arts organizations and other nonprofit entities in Washington, D.C.

 

Jimmy Goodrich

Jimmy Goodrich is the Vice President of Global Policy at Semiconductor Industry Association. He joined SIA in 2015 and is vice president for global policy. In this role, Jimmy leads SIA’s global policy team and directs SIA’s international competitiveness, trade, export control, supply chain, global market research, and China policy agenda.

Jimmy has a diverse background in international technology trade, supply-chain, and security issues spanning a wide range of geographies. Previously he was director of China policy at the Information Technology Industry Council (ITI) in Washington D.C. Before moving to Washington D.C. in 2012, Jimmy spent a total of seven years working in the tech sector in China, including for Cisco Systems, APCO Worldwide, and USITO.

Jimmy has a bachelor’s degree in comparative politics and East Asian studies from Ohio University. He is professionally fluent in Mandarin and serves on the Executive Committee for Beijing-based United States Information Technology Office (USITO), representing SIA in his capacity and on the Board of Directors of the American Mandarin Society, which promotes mandarin-language study for young Americans.

 

Paul Triolo

Paul Triolo is the Senior Vice President for China and Technology Policy lead at Albright Stonebridge Group and Denton’s Global Advisors. He advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters in China and around the world.

A recognized expert in global technology policy, Mr. Triolo was most recently founder, Practice Head, and Managing Director of the Geo-Technology practice at Eurasia Group. Previously, Mr. Triolo spent more than 25 years in senior positions in the U.S. government, analyzing China’s rise as a technology power and advising senior policymakers on a broad set of technology-related issues. At the beginning of his career, he worked as an engineer for a semiconductor testing firm in Silicon Valley.

Mr. Triolo is frequently quoted on technology policy issues in media outlets including The New York Times, The Wall Street Journal, The Economist, the South China Morning Post, and others. He speaks regularly at conferences and has authored many journal articles and book chapters on global technology policy and China-related issues. He also serves as a Senior Advisor at the Paulson Institute and is a life member of the Council on Foreign Relations.

He received an M.A. in International Relations from the Catholic University and a B.A. in Electrical Engineering from Penn State University.

He is based in Washington, D.C.

 

Paula Stern

Paula Stern, Ph.D., is President of The Stern Group, and former Chair of the U.S. International Trade Commission. Dr. Stern also serves as Senior Strategic Advisor to the National Center for Women & Information Technology (NCWIT).

She is a member of the board of directors of the Washington Institute of Foreign Affairs, Legacy Trustee at the Committee for Economic Development (CED), Lifetime Director of the Atlantic Council, and member of the Council on Foreign Relations, the Inter-American Dialogue. Dr. Stern formerly served on the public Board of Directors of CBS, Infinity, Duracell, Harcourt General, Hasbro, Scott Paper, Walmart, Westinghouse, Avaya, SSMC, the Neiman Marcus Group, and Avon, as well as a member of the International Advisory Board of LafargeHolcim.

Dr. Stern’s past public service also includes serving on the U.S. President’s Advisory Committee on Trade Policy and Negotiations; co-chairing the International Competition Policy Advisory Committee for the Attorney General and U.S. Department of Justice Antitrust Division; chairing the Advisory Committee of the U.S. Export-Import Bank; and being a Presidentially appointed/Senate confirmed Member of the Board of Directors of the Inter-American Foundation. She also was a Member of the US Secretary of State’s Advisory Committee on International Economic Policy and Member of the US Department of Commerce’s Advisory Committee on Renewable Energy and Energy Efficiency.

Dr. Stern began her Washington career as Senior Legislative Assistant to U.S. Senator Gaylord Nelson . She was a Guest Scholar at the Brookings Institution, where she wrote a definitive book on Congressional-Executive foreign policy making, titled Water’s Edge: Domestic Politics and the Making of American Foreign Policy. She also served as Senior International Affairs Fellow at the Council on Foreign Relations, Senior Associate at the Carnegie Endowment for International Peace, Senior Fellow at the Progressive Policy Institute, and member of The Trilateral Commission. Dr. Stern also held the Alkire Chair in International Business at Hamline University, St. Paul, Minnesota.

Dr. Stern has a B.A. from Goucher College, an M.A. in Regional Studies from Harvard University, a Ph.D. in International Affairs from Tufts University’s Fletcher School of Law and Diplomacy, and honorary degrees in Law from Goucher College and Commercial Science from Babson College. She is a recipient of the Alicia Patterson Journalism Award and the Joseph Papp Award for Racial Harmony from the Foundation for Ethnic Understanding. She has two children and four grandchildren.