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WASHINGTON (AP) — The White House will send an unofficial delegation to Taiwan this weekend for the inauguration of the island’s democratically elected president, the Biden administration announced Wednesday, in a move that is certain to upset China but unlikely to draw excessive responses from Beijing as the two countries try to stabilize relations.
WASHINGTON (AP) — High-level U.S. government envoys raised concerns over “the misuse of AI” by China and others in closed-door talks with Chinese officials in Geneva, the White House said Wednesday.
WASHINGTON (AP) — President Joe Biden slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment on Tuesday, taking potshots at Donald Trump along the way as he embraced a strategy that’s increasing friction between the world’s two largest economies.
WASHINGTON (AP) — A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and place safeguards around it, writing in a new report released Wednesday that the U.S. needs to “harness the opportunities and address the risks” of the quickly developing technology.
New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers. They could raise prices on certain specific items, experts say, though a broad inflationary impact is unlikely in the short term.
This is CNBC's live blog tracking developments on the war in Ukraine. See below for the latest updates.
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The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States.