The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a Republican lawmaker said on Tuesday. The data comes amid growing pressure on the administration of Democratic President Joe Biden to further expand a broad crackdown […]
Department of Commerce
The Biden administration on Tuesday said it will require companies winning funds from its $52 billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare. The Commerce Department on Tuesday is releasing its plans to begin accepting applications in late June for a $39 billion […]
U.S. President Joe Biden’s administration will unveil on Thursday a long-awaited overhaul of arms export policy with increased emphasis on human rights, three State Department officials familiar with the new Conventional Arms Transfer (CAT) policy told Reuters. The CAT policy covers review of security assistance, government-to-government weapons transfers and licensed commercial sales of U.S.-origin military […]