The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Some economists disagree.
Tag: Commerce Department
U.S. Courts India as Technology Partner to Counter China
American and Indian officials are working toward new partnerships in defense technology, advanced telecom and semiconductors.
US Cracks Down on Chinese Companies for Security Concerns
The Biden administration placed severe restrictions on trade with dozens of Chinese entities, its latest step in a campaign to curtail access to technology with military applications.
Biden’s ‘Made in America’ Policies Anger Key Allies
The president’s plans to bolster America’s electric vehicle and battery production have opened a rift in relationships in Asia and Europe.
U.S. Said to Plan New Limits on China’s A.I. and Supercomputing Firms
The new rules could be the most sweeping action taken yet by the Biden administration to thwart China’s access to American technology that powers data centers and supercomputers.
Biden Calls on World to Punish Russia for Attempt to Annex Ukrainian Land
The U.S. imposed new sanctions on Russian officials and companies, and penalized foreign businesses aiding the Russian military. But officials are holding back on energy sanctions.
U.S. Aims to Expand Export Bans on China Over Security and Human Rights
The Biden administration is applying lessons learned from controls on Russia during the Ukraine war to try to limit China’s military and technological advances.
Biden to Begin New Asia-Pacific Economic Bloc With a Dozen Allies
The goal is a resurgence in U.S. influence in the region, especially vis-à-vis China, after Trump’s withdrawal from the Trans-Pacific Partnership.
U.S. to Lift Tariffs on Ukrainian Steel
The Biden administration will lift a 25 percent tariff on the Ukrainian steel sector for one year to help the country’s economy.
Solar Industry ‘Frozen’ as Biden Administration Investigates China
More than 300 solar projects in the United States have been canceled or delayed in recent weeks because of an investigation by the Commerce Department.