CHINA
Washington (AFP) - US President Joe Biden unveiled steep tariff hikes on Chinese green tech this week, hitting imports like electric vehicles, chips and solar cells -- and adding stress to US-China ties. But despite targeting $18 billion in imports across new and already targeted sectors, analysts do not expect a major economic impact, assuming Beijing does not retaliate significantly. So what will be the repercussions of his moves? Will this hit the US economy?Biden's EV, semiconductor and battery tariffs "will not have a noticeable impact on US inflation or GDP," said economist Ryan Sweet at...
AFP
Washington (AFP) - US President Joe Biden blasted Beijing Tuesday for "cheating" rather than competing as he unveiled steep tariff hikes on Chinese imports like electric vehicles and semiconductors. The measures, which drew strong opposition from Beijing, come as Biden seeks to look tough on trade ahead of a rematch with Republican Donald Trump in November's US presidential election. "We're not going to let China flood our market, making it impossible for American auto manufacturers to compete fairly," Biden said in a speech in the Rose Garden of the White House. "We're never going to allow Ch...
AFP
Washington (AFP) - The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei, the Commerce Department confirmed on Wednesday. The move adds pressure on Huawei, which has long been caught in an intense technological rivalry between Beijing and Washington over US fears it could be used for Chinese espionage operations. It came after Republican lawmakers urged President Joe Biden's administration to block all export licenses to the company following the release of a new computer powered by a chipset by US chip giant...
AFP
Washington (AFP) - The United States has revoked certain licenses for exports to Chinese tech giant Huawei, the Commerce Department said, drawing opposition from Beijing on Wednesday. The move came after criticism last month by Republican lawmakers, who urged President Joe Biden's administration to block all export licenses to the company after it released a new laptop powered by a processor by US chip giant Intel. "We continuously assess how our controls can best protect our national security and foreign policy interests, taking into consideration a constantly changing threat environment and ...
AFP
Washington (AFP) - TikTok and its Chinese parent company ByteDance filed a legal challenge against the United States on Tuesday, taking aim at a law that would force the app to be sold or face a US ban. This comes around two weeks after President Joe Biden signed a bill giving TikTok 270 days to find a non-Chinese buyer or face a ban in the country. The video-sharing platform argues that this was unconstitutional. "For the first time in history, Congress has enacted a law that subjects a single, named speech platform to a permanent, nationwide ban, and bars every American from participating in...
AFP
Laoag (Philippines) (AFP) - US and Filipino troops fired missiles and artillery at an imaginary "invasion" force during war games on the Philippines' northern coast Monday, days after their governments objected to China's "dangerous" actions in regional waters. Thousands of troops are conducting land, sea and air manoeuvres against a backdrop of increased confrontations between Chinese and Filipino vessels around shoals in the South China Sea claimed by Manila, as well as stepped-up Chinese air and naval activity around nearby self-ruled Taiwan. US troops massed at a strip of sand dunes on Luz...
AFP
Beijing (AFP) - Tesla received a key security clearance from China during owner Elon Musk's whistlestop visit to the world's biggest electric car market, which wrapped up on Monday. The tech billionaire arrived on Sunday for his second trip to China in less than a year, meeting top officials including Premier Li Qiang as he worked to boost his electric car company's fortunes in the face of intense competition from local challengers such as BYD. On the same day, Tesla's locally produced models were listed among the EVs that meet China's data security requirements for smart cars, clearing a key ...
AFP
San Francisco (AFP) - Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those banned in schools in ultra-conservative parts of the United States. Now the online platform she relies on to support her family is poised to be banned in what entrepreneurs using TikTok condemn as an attack on their livelihoods. "It's so essential to small businesses and creators; it's my full-time job," the 23-year-old Chicago resident told AFP. "It makes me really worried that I live in a country that would pass bans like these instead of focusing on what's...
AFP
San Francisco (AFP) - TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app banned due to allegations it is controlled by the Chinese government. The legislation gives TikTok nine months to divest from its Chinese parent company ByteDance or be shut out of the American market. US and other Western officials have alleged the social media platform allows Beijing to collect data and spy on users. It has 170 million users in the United States alone, many of them young. Critics say TikTok is also a conduit to spread propaganda. China an...
AFP
Brussels (Belgium) (AFP) - The European Union on Wednesday announced a probe into China's medical devices market, prompting an immediate accusation from Beijing that the bloc was engaging in "protectionism". Brussels suspects China is favouring its own suppliers for the procurement of medical devices. The EU's official administrative journal, announcing the probe, set out ways that could be happening, including through a "Buy China" policy. The EU also has concerns that China may have restricted imports and imposed conditions "leading to abnormally low bids that cannot be sustained by profit-...
AFP
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