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.

President Joe Biden’s $52 billion bid to transform the domestic chip industry — one of the most ambitious pieces of US industrial policy since World War II — is about to enter a pivotal stage: life under a new administration.

President Joe Biden has proposed a new framework to limit the export of advanced computer chips used to develop artificial intelligence.

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes charge.

The move comes 11 months after the Commerce Department launched an investigation into the national security risks from Chinese vehicle technology.

Some industries would not be impacted, because they are not crucial to national security, including supply chain activities and gaming chips.

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 September,

The US unveils stricter AI chip export rules, limiting access for rivals like China while prioritizing allies.

Outgoing US President Joe Biden has unveiled new export restrictions on artificial intelligence technology, including on chips and AI models used for software. A group of 120 partner countries would be exempt from the restrictions,

Beijing has lodged strong protests with the United States after the outgoing US President Joe Biden strengthened the chip export ban against China in

Biden's final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.