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Moore warns trade restrictions could hurt U.S. tech, manufacturing and national security
Summary
At a congressional hearing, Congressman Blake Moore said U.S. firms run large services surpluses and warned that retaliatory limits on American services could threaten innovation, jobs and national security; Ambassador Greer said most trading partners have pledged not to retaliate but cautioned the United States must act to restore manufacturing.
Congressman Blake Moore, R‑Utah, told Ambassador Greer during a congressional hearing that while the United States runs “massive trade surpluses in services” with major economies, retaliatory restrictions on American services markets could undermine U.S. power and national security.
Moore said the United States benefits from “the best talent and the most skilled innovators in the world” in technology and software, but asked what would happen if other countries restricted U.S. services in retaliation for U.S. limits on goods. He warned that losing an “innovative edge” could risk falling behind in areas such as artificial intelligence.
Moore pressed the point with a personal example about a…
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