Commerce Secretary Gina Raimondo says Donald Trump is a president-elect who for all of his aggressive talk is afraid to let America compete with the rest of the world, responding instead with tariffs and curtailing immigration.
"Marketplace" host Kai Ryssdal does an "exit interview" with Commerce Secretary Gina Raimondo. They talk AI, tariffs and more.
As part of a crackdown on vehicle software and hardware from China, the Biden Administration has finalized its rules for banning Chinese EVs in the US market.
President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.
In a conversation about its Chinese competitors with the host of the Fully Charged Podcast, Robert Llewellyn, he admitted that his daily driver was a car made by one of Ford's Chinese competitors: an EV by consumer electronics giant Xiaomi called the SU7.
The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.
The United States is going to ban Russian and Chinese software in vehicles, according to the Department of Commerce, due to national security concerns.
A bipartisan group of lawmakers called on the Biden administration to consider restricting the export of U.S. biotechnology to the Chinese military, citing concerns Beijing could weaponize it to create more toxic pathogens.
Secretary Raimondo talks about what President-elect Trump might do to the Biden administration’s signature achievements and what sort of a threat Chinese electric vehicles could pose to America.
According to overseas reports, this week will see finalising of outgoing the Biden administration’s plans to ban Chinese software and hardware from 2027 and 2029, respectively. The outgoing Biden administration in the US will reportedly finalise a ban on Chinese and Russian software and hardware found in new autonomous and connected cars sold in the country this week.
The new rules will take effect in 120 days, said Commerce Secretary Gina Raimondo, giving the incoming administration of President-elect Donald Trump time to potentially make
TSMC agreed to expand its planned investment by US$25 billion to US$65 billion and to add a third Arizona fab by 2030.