UPDATE 1-Biden on track to apply Trump-era rule targeting Ch

UPDATE 1-Biden on track to apply Trump-era rule targeting Chinese tech supply chain concerns

The Biden administration plans to allow a Trump-era rule targeting Chinese technology firms deemed to pose a threat to the United States to go into effect despite objections from U.S. businesses, the U.S. Commerce Department said on Friday. The department issued an interim final rule in the final days of the Trump administration aimed at addressing information and communications technology supply chain concerns and said it would become effective after a 60-day period of public comment. On Friday, a Commerce spokeswoman said in a statement the department would continue to accept public comment on the rule until March 22, when it would go into effect.

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