Semiconductor Technology Resilience, Integrity, and Defense Enhancement Act; STRIDE Act
Summary
The STRIDE Act aims to bolster the resilience, integrity, and defense of semiconductor technology by coordinating with allied nations to protect critical technologies from acquisition by countries of concern, particularly the Chinese Communist Party. It focuses on aligning export control policies, expanding restrictions on technology design tools, harmonizing approaches to controlling dual-use materials, and establishing trusted supplier networks. The Act mandates regular reports to Congress on diplomatic engagement and the effectiveness of multilateral coordination.
Expected Effects
The STRIDE Act is likely to strengthen the US semiconductor industry by reducing reliance on potentially adversarial nations and promoting collaboration with allies. It could lead to stricter export controls and increased scrutiny of technology transfers. This may also result in trade tensions and require significant diplomatic efforts to ensure international cooperation.
Potential Benefits
- Enhanced national security by preventing adversaries from acquiring advanced semiconductor technology.
- Strengthened domestic semiconductor industry through reduced reliance on foreign entities of concern.
- Improved international cooperation with allied nations in protecting critical technologies.
- Increased transparency and accountability through regular reporting to Congress.
- Potential for economic growth by fostering innovation and competitiveness in the semiconductor sector.
Potential Disadvantages
- Potential for increased trade tensions with countries of concern.
- Possible disruptions to the global semiconductor supply chain.
- Increased compliance costs for companies involved in semiconductor technology.
- Risk of retaliatory measures from affected countries.
- May require significant diplomatic efforts and resources to ensure international cooperation.
Constitutional Alignment
The STRIDE Act aligns with the Constitution's broad goals of providing for the common defense and promoting the general welfare, as stated in the Preamble. Specifically, it relates to Article I, Section 8, which grants Congress the power to regulate commerce with foreign nations and to provide for the common defense. The Act's focus on export controls and international coordination falls under these enumerated powers.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).