May 28—The Biden government today denounced China’s tit-for-tat response to the U.S. illegal ban on Chinese purchase of U.S.-manufactured microchips—policies which typically do more harm to U.S. businesses than to China. China on May 21 banned certain Chinese companies from purchasing chips from the U.S. company Micron, the world’s largest chip producer. U.S. Commerce Secretary Gina Raimondo, following a meeting in Detroit of the Indo-Pacific Economic Framework, an explicitly anti-China group set up by the Biden administration, said of the ban on Micron chips in China: “We see it as plain and simple economic coercion and we won’t tolerate it.” The U.S. is also actively trying to prevent cooperation with China by Brazil and Argentina to counter the economic coercion by the U.S. and the IMF against the South American countries.