The U.S. has hit back at China over its ban on&nbsp;purchase&nbsp;of Micron Technology&nbsp;memory chips. US&nbsp;Commerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times.&nbsp;

Speaking after a meeting of trade ministers at the Indo-Pacific Economic Framework talks,&nbsp;Raimondo said the US 'firmly opposed' China's actions against Micron.&nbsp;

"These [Chinese sanctions] target a single US company without any basis in fact, and we see it as plain and simple economic coercion and we won't tolerate it, nor do we think it will be successful," said&nbsp;Raimondo.&nbsp;

<h2>Micron poses security risk: China</h2>

Last week, China's cyberspace regulator, in a precedent-breaking move, banned Micron — the biggest US memory chipmaker, claiming that the&nbsp;US-based company had&nbsp;failed its network security review.&nbsp;

The Cybersecurity Administration (CAC) in a statement said Micron's products&nbsp;"have relatively serious potential network security issues, which pose a major security risk to China's critical information infrastructure supply chain and affect China's national security."

<a href="https://www.wionews.com/business-economy/china-bans-chipmaker-micron-says-it-failed-network-security-review-594970">ALSO READ |&nbsp;China bans chipmaker Micron, says it failed network security review</a>

As the decision came a day after the G7 summit in Hiroshima, Japan,&nbsp;Raimondo evoked the language adopted by the powerful grouping in its joint communique.&nbsp;

"As we said at the G7, and as we have said consistently, we are closely engaging with partners addressing this specific challenge and all challenges related to China's non-market practices."

Notably, Micron became the first American&nbsp;chipmaker to be targetted by China following a series of export controls by the US on certain American components and chipmaking tools to block them from being used to advance China's military capabilities.&nbsp;

<a href="https://www.wionews.com/videos/micron-fails-chinas-security-check-594972">WATCH |&nbsp;Micron fails China's security check</a>

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<h2>US lawmakers demand reaction</h2>

After the ban, US lawmakers raised their voice, arguing for retaliatory attacks on Chinese companies.&nbsp;US Representative Mike Gallagher, who chairs a Congressional committee focusing on China&nbsp;proposed adding Changxin Memory Technologies to a "blacklist" that would prevent it from doing business with American companies.

Michael McCaul, chairman of the House Foreign Affairs Committee, also slammed Beijing and called for a response.&nbsp;

"I urge the administration to use the many authorities Congress has given it to hold the CCP accountable," he was quoted as saying by Bloomberg.&nbsp;

<a href="https://www.wionews.com/business-economy/chip-war-intensifies-lawmakers-want-us-to-blacklist-chinese-firm-after-micron-ban-596235">ALSO READ |&nbsp;Chip war intensifies: Lawmakers want US to 'blacklist' Chinese firm after Micron ban</a>

China's move was an unprecedented step that has already sparked charges of overreach. Tensions over technology have been rising amid dueling claims of "economic coercion" since the US put broad export restrictions on semiconductor equipment to China.

(With inputs from agencies) 
 
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The U.S. has hit back at China over its ban on purchase of Micron Technology memory chips. US Commerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times.

The U.S. has hit back at China over its ban on purchase of Micron Technology memory chips. US Commerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times. Speaking after a meeting of trade ministers at the Indo-Pacific Economic Framework talks, Raimondo said the US 'firmly opposed' China's actions against Micron. "These [Chinese sanctions] target a single US company without any basis in fact, and we see it as plain and simple economic coercion and we won't tolerate it, nor do we think it will be successful," said Raimondo. Micron poses security risk: China Last week, China's cyberspace regulator, in a precedent-breaking move, banned Micron — the biggest US memory chipmaker, claiming that the US-based company had failed its network security review. The Cybersecurity Administration (CAC) in a statement said Micron's products "have relatively serious potential network security issues, which pose a major security risk to China's critical information infrastructure supply chain and affect China's national security." ALSO READ | China bans chipmaker Micron, says it failed network security review As the decision came a day after the G7 summit in Hiroshima, Japan, Raimondo evoked the language adopted by the powerful grouping in its joint communique. "As we said at the G7, and as we have said consistently, we are closely engaging with partners addressing this specific challenge and all challenges related to China's non-market practices." Notably, Micron became the first American chipmaker to be targetted by China following a series of export controls by the US on certain American components and chipmaking tools to block them from being used to advance China's military capabilities. WATCH | Micron fails China's security check × US lawmakers demand reaction After the ban, US lawmakers raised their voice, arguing for retaliatory attacks on Chinese companies. US Representative Mike Gallagher, who chairs a Congressional committee focusing on China proposed adding Changxin Memory Technologies to a "blacklist" that would prevent it from doing business with American companies. Michael McCaul, chairman of the House Foreign Affairs Committee, also slammed Beijing and called for a response. "I urge the administration to use the many authorities Congress has given it to hold the CCP accountable," he was quoted as saying by Bloomberg. ALSO READ | Chip war intensifies: Lawmakers want US to 'blacklist' Chinese firm after Micron ban China's move was an unprecedented step that has already sparked charges of overreach. Tensions over technology have been rising amid dueling claims of "economic coercion" since the US put broad export restrictions on semiconductor equipment to China. (With inputs from agencies) WATCH WION LIVE HERE:

'Won't tolerate', says USA after China's ban on chipmaker Micron

The Chinese government has banned American chipmaker Micron from selling memory chips to key domestic industries, saying the company failed a security review. In a statement on Sunday (May 21), China's cyberspace regulator said that Micron failed its network security review and that it would block operators of key infrastructure projects from buying from the company.

The Chinese government has banned American chipmaker Micron from selling memory chips to key domestic industries, saying the company failed a security review. In a statement on Sunday (May 21), China's cyberspace regulator said that Micron failed its network security review and that it would block operators of key infrastructure projects from buying from the company. It is the first American chipmaker to be targeted by China following a series of export controls by the US on certain American components and chipmaking tools to block them from being used to advance China's military capabilities, according to a report by the news agency Reuters The cybersecurity administration (CAC) said that Micron's products "have relatively serious potential network security issues, which pose a major security risk to China's critical information infrastructure supply chain and affect China's national security." Micron ban boosts shares in local firms The ban comes after Chinese authorities launched a review in March of products sold in the country by Micron. The move also helped boost shares in some local chipmaking-related firms on Monday. Reuters reported that shares in companies including Gigadevice Semiconductors, Ingenic Semiconductor, and Shenzhen Kaifa Technology opened up by between 3% and 8%. ALSO READ | US-China chip war: Washington imposes trade ban on 21 Chinese chipmakers Micron's major rivals also saw their shares gain, with South Korea's Samsung Electronics and SK Hynix rising 0.7% and 2%, respectively, versus a 0.9% rise in the broader market. According to Bernstein analysts, as China's domestic memory suppliers are not competitive in technologies and capacity, the country would need to resort to Samsung, SK Hynix, Kioxia, Western Digital or other foreign suppliers as the alternative to Micron. US opposes ban; Micron says would engage in discussions with China The US Commerce Department opposed the ban on Micron. In a statement, a spokesperson from the Commerce Department said, "We firmly oppose restrictions that have no basis in fact. This action, along with recent raids and targeting of other American firms, is inconsistent with (China's) assertions that it is opening its markets and committed to a transparent regulatory framework." The department would now speak directly with Chinese authorities in Beijing to clarify their actions. The ban marks the latest escalation between the US and China, with Washington looking to cut off Beijing's access to cutting-edge semiconductors. Micron, meanwhile, said it received the CAC's review and looked forward to continuing to engage in discussions with Chinese authorities. "We are evaluating the conclusion and assessing our next steps," the company said in a statement. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

China bans chipmaker Micron, says it failed network security review

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'Won't tolerate', says USA after China's ban on chipmaker Micron

China bans chipmaker Micron, says it failed network security review