The Biden administration announced an Interim Final Rule on Artificial Intelligence Diffusion that regulates AI chip exports and aims to keep the technology out of the hands of U.S. adversaries.
A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.
The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.
"When he takes office, President Trump will support the auto industry, allowing space for both gas-powered cars and electric vehicles," Leavitt said in a statement.
A recent Reuters/Ipsos poll reveals that most Americans oppose higher tariffs on imported goods if they lead to increased consumer prices. The findings highlight the political risks surrounding President-elect Donald Trump's plan to impose steep import tariffs aimed at boosting American industry and curbing illegal activities such as fentanyl trafficking.
China announced Tuesday a ban on exporting certain minerals and metals to the U.S., escalating the ongoing trade and tech war. The targeted materials—germanium, gallium, antimony, and superhard substances—are vital for manufacturing semiconductors, batteries, and military hardware.
Canadian Conservative Party Leader Pierre Poilievre expressed disappointment over Prime Minister Justin Trudeau’s recent meeting with President-elect Donald Trump at Mar-a-Lago. Poilievre described Trudeau’s approach as “weak” and criticized his inability to secure any tangible benefits for Canada during the high-stakes discussion.
Recently, President Joe Biden made the significant decision to provide Ukraine with $8 billion worth of American weaponry, including advanced long-range munitions—a move he...
