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Biden revoked 8 licenses for China’s Huawei in 2024, document shows

The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported…
Politics

U.S. adds six companies to trade restriction list, four for training China’s military

The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China’s military forces, according to a government posting. Two of the companies are in…
Politics

Here’s where the last $6 billion in CHIPS Act semiconductor award money is going

The rollout of the Biden administration’s CHIPS Act award money has so far focused on providing major awards for major…
Politics

U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow’s circumvention of Western…
Politics

Former U.S. official’s work for Chinese client stirs concern over disclosure loopholes

When a Chinese drone company came under U.S. government scrutiny over its alleged ties to China’s military, the company turned to one of America’s…
Politics

Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric…
Politics

China expresses concerns to U.S. over tariffs, sanctions in Beijing talks

China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to…
Politics

U.S. tackles loopholes in curbs on AI chip exports to China

The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of…
Politics

Biden announces $42 billion high-speed internet initiative

WASHINGTON — President Joe Biden is kicking off a more than $42 billion plan to give every American household access…