US President Joe Biden said. “We’re investing in American workers. We’re going to stamp everything we can,‘Made in America,’ especially these computer chips.”
The confrontation between the US and China over access to the audits of $US2 trillion worth of Chinese companies listed in the US is getting ever closer to a crunch point.
Chinese-owned TikTok asked a judge to block the Trump Administration's attempt to ban its app,suggesting the video-sharing app's forced deal with Oracle and Walmart remains unsettled.
US national security officials continue to raise concerns that the data of more than 100 million American users would remain in the hands of a Chinese firm.
A US judge has blocked the Trump administration from requiring Apple and Google to remove Chinese-owned messaging app WeChat for downloads.
Any sale that goes ahead but doesn't incorporate the algorithm that has made the app such a hit would prove to be very risky.
In a note to employees,the former Disney executive said a series of changes to the company structure prompted him to leave less than three months after taking the job.
The FCC last May voted unanimously to deny another state-owned Chinese telecommunications company,China Mobile,the right to provide services in the US.
The latest indictment accused Huawei of conspiring to steal trade secrets,lying about its business in North Korea and helping Iran track protesters in 2009.
The new indictment charges Huawei with conspiring to steal trade secrets from six US technology companies and to violate the Racketeer Influenced and Corrupt Organisations Act.
The case is the first in recent years involving concrete allegations of spying by China against Germany and the EU.