U.S. President Joe Biden’s administration unveiled on Thursday a long-awaited overhaul of arms export policy with increased emphasis on human rights, backing off a Trump-era policy of giving more weight to commercial concerns. As Reuters reported on Wednesday, the new Commercial Arms Transfer (CAT) policy covers review of security assistance, government-to-government weapons transfers and licensed […]<
The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its crackdown on China’s chip industry. YMTC, long in the crosshairs of the U.S. government, was added to the list over fears it could divert American technology to previously […]
Joe Biden will visit Japan and South Korea on his first Asian trip as U.S. president, carrying a clear message to China, advisers and analysts say – don’t try what Russia did in Ukraine anywhere in Asia, and especially not in Taiwan. Biden departs for the five day trip on Thursday, after spending several months […]
President Joe Biden signed on Monday a $1 trillion infrastructure bill to reconstruct the country’s foundation from roads, electricity and expanding access to broadband internet. The President’s latest legislation will be the heftiest federal funding for infrastructural framework in more than a decade. The program incorporates a $65 million funding to enhance broadband accessibility to […]
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