US expands export controls to target Chinese tech firms
The US expanded its trade restriction list by adding 140 companies, mainly Chinese semiconductor-toolmaking and…
Browsing Tag
Biden administration
Biden unveils $3b investment to strengthen US port infrastructure
US President Joe Biden announced on Tuesday a $3 billion investment from his Inflation Reduction Act to improve and…
US prepares auto industry defence against China
Top White House economic adviser Lael Brainard is set to outline the Biden administration's strategy to protect the…
US examines increased Chinese uranium imports
Biden administration is investigating a recent increase in enriched uranium imports from China.
US provides $1.45b loan to boost domestic solar production
The Biden administration is making a significant investment in domestic solar manufacturing with a $1.45 billion…
US tightens grip on chip exports to China
The Biden administration is poised to unveil a new rule next month that strengthens its control over semiconductor…
Asian chipmakers tumble on US export curbs fear
Asian chip stocks dropped sharply on Thursday following a sell-off on Wall Street.
China seeks WTO panel for US EV subsidies dispute
China has asked the World Trade Organisation (WTO) to intervene in the dispute over US electric vehicle (EV)…
US set to pour fresh investments in Kenya
Joe Biden and Kenyan President William Ruto are set to unveil investments in green energy and health manufacturing…
US, Europe must respond to China’s industrial policies
US Treasury Secretary Janet Yellen stressed the importance of a joint US-Europe approach to tackle China's…
Microsoft eyes relocation for China-based AI staff
Microsoft is relocating 700-800 China-based employees specializing in machine learning and cloud computing due to…
China vows to retaliate as Biden raises tariffs
China vows to retaliate against US after Biden announces increased tariffs on $18 billion of Chinese imports,…
Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
US awards Samsung $6.4b chips grant for Texas project
The Biden administration will award $6.4 billion in grants to South Korea’s Samsung to expand chip production in…
US urges China to revise policies impacting new industries
US Treasury Secretary Janet Yellen warned China that the US will not tolerate new industries being harmed by…
China blocks usage of US Intel, AMD chips in govt. PCs
China has issued directives aimed at phasing out the usage of US-manufactured microprocessors from Intel and AMD in…
COP28: U.S. sets a plan to reduce oil, gas methane
Biden's administration announced, on Saturday, final rules to reduce methane emissions from the U.S. oil and gas…
U.S. plans $320mln weapons transfer to Israel amid war on Gaza
The Biden administration is planning a $320 million transfer of precision bombs and weapons for Israel, according…
Biden administration cancels $39 bln in U.S. student debt
US President, Joe Biden, cancels $39 billion in student debt for over 804,000 borrowers, addressing a fix to…
EPA proposes strict emission limits
Biden administration has announced on Wednesday it is proposing a new regulation setting pollution limits, hence…
New EPA proposal to limit coal-fired emissions
The Environmental Protection Agency (EPA) proposed new regulations on Wednesday that would curtail emissions from…
Biden urges for stricter banking regulations
US President, Joe Biden has urged federal regulators to take more drastic measures and called for tighter…
US threatens TikTok with nationwide ban if not sold
Biden’s administration threatens a full US ban of TikTok if the app’s Chinese owner company did not spin off their…
Biden to approve major oil project in Alaska
U.S. president Joe Biden’s administration will approve a major project in Alaska on Monday according to informed…
Siemens Mobility to invest $220mln in North Carolina rail car plant
Siemens Mobility, the Unites States’ largest passenger rolling stock manufacturer, said that it is investing over…