The Great “Tech War” between the U.S. and China is underway
♟️ The Great “Tech War” between the U.S. and China is underway.
The United States Department of Commerce placed 31 Chinese tech companies on an “unverified list” in early October causing some commotion. Those thirty-one companies are in the middle of a sixty-day deadline for user checks to be performed and completed in order to avoid consequences. This list represents companies that the United States cannot confirm if U.S. user data and tech is being used for military purposes or not. This list - called the Entity List - means those in the U.S would need to acquire a special license to export their products.
Elon Musk has recently spoken out against US government tariffs on Chinese electric vehicles, calling them “not good” and market-distorting.
More than half of Americans believe the U.S. is in a recession, even though the GDP has been growing for several years.
The U.S. is making solid progress towards establishing a domestic supply chain for rare earth elements by 2027, crucial for defense needs.
Nancy Lazar from Cornerstone Macro is sounding the alarm about a possible economic downturn.
A Business Insider analysis of 2022 US Census Bureau data revealed stark contrasts in the middle-class population across states.
On Friday, trucks carrying humanitarian aid began delivering much-needed supplies to Gaza using a temporary pier built by the U.S.
The Republican-led U.S. House of Representatives passed the Israel Security Assistance Support Act on Thursday, pushing President Biden to send weapons to Israel more quickly.
The number of Americans filing for jobless benefits dropped last week, undoing nearly half of the previous week's spike.
A top cybersecurity firm, ESET, has uncovered Chinese hacking attempts in the European cargo shipping industry, marking the latest instance of China-aligned groups infiltrating Western economic infrastructure.
Commerce Secretary Gina Raimondo emphasized that a potential Chinese invasion of Taiwan and the takeover of chip manufacturer TSMC would be catastrophic for the U.S. economy.
TikTok has filed a lawsuit challenging a new federal law that could force its Chinese parent company, ByteDance, to sell the app or face a ban in the U.S.
In a bid to further pressure Russia over its war in Ukraine, the U.S. Senate has unanimously passed a bill to prohibit Russian uranium imports.
President Joe Biden is advocating for a significant increase in tariffs on Chinese steel and aluminum imports, proposing to triple the current rates.
Taiwan Semiconductor Manufacturing Company (TSMC) is making a significant move by bringing its most advanced technology to America, aligning with U.S. President Joe Biden’s goals for a secure tech supply chain.
Here’s a quick rundown on the latest U.S. import scene: Inflation’s not the only thing on the rise – we’re seeing a significant increase in imports from China, especially after their factories reopened post-Lunar New Year.
This week, the South and Mississippi Valley are facing another severe weather threat, hot on the heels of a storm last week that resulted in at least three fatalities.
China and Russia recently committed to maintaining stability in their industrial supply chains.
The Unified Command, a coalition involving the U.S. Coast Guard, U.S. Army Corps of Engineers, and other key agencies, has started a crucial phase in the aftermath of the Baltimore bridge collapse.
U.S. Treasury Secretary Janet Yellen recently wrapped up a series of meetings in China, where she firmly addressed the issue of Chinese overproduction and its impact on global markets.
The U.S. has overtaken China as the leading nation for millionaires and billionaires, reports Henley & Partners and New World Wealth in their 2024 USA.
The US Justice Department and multiple states are suing Apple, accusing it of monopolizing the smartphone market.
President Biden has announced America's strictest vehicle exhaust emissions regulations yet, aiming to push the auto industry towards all-electric cars.
The United States has slipped to its lowest-ever ranking in the annual World Happiness Report, dropping eight spots to 23rd place.
The global market is currently flooded with goods from Chinese factories, ranging from cars and appliances to computer chips and electronics.
Former President Donald Trump expressed concerns about the proposed ban on Chinese-owned social media app TikTok in the United States during an interview on CNBC's "Squawk Box" on Monday.
The Biden administration's landmark laws are allocating billions of dollars nationwide, funding diverse projects from Florida's roads to Alaska's broadband lines.
Gold prices soared to a new record high on Friday, driven by reports of a rise in the U.S. unemployment rate.
Joe Biden visibly relished his time as president, evident in his leisurely stroll down the House chamber aisle, shaking hands and snapping selfies with attendees.
Oil traders have cut their net long positions in Brent and WTI due to concerns over China's economy.