The US will ban outbound investments in China’s semiconductors, quantum technologies and artificial intelligence from January 2 if they are deemed to threaten American national security, a key move in the Biden administration’s efforts to address concerns about the mainland’s progress in advanced technologies. The US Treasury released final rules on Monday to prohibit engagement … Read more
US Trade Representative Katherine Tai on Thursday gave a strong endorsement to Canada’s decision to impose a 100 per cent tariff on Chinese-made electric vehicles and 25 per cent on Chinese steel and aluminium as she finalises US duties planned at similar rates. In a statement issued by her office, Tai applauded Canada’s decision to … Read more
Republican presidential candidate Donald Trump said on Monday that US President Joe Biden was “pushing” for a ban on TikTok and would be the one responsible if a ban were imposed, urging voters to take notice. The US House of Representatives passed bipartisan legislation on a 360-58 vote on Saturday that would give TikTok’s Chinese … Read more
