Joe Biden made several attempts to curb Chinese AI advancement, but DeepSeek's launch has put those policies into question.
President Trump has announced plans to impose tariffs on foreign-made computer chips, semiconductors, and pharmaceuticals, in particular those originating from Taiwan. In a speech to House Republicans on January 27, Trump claimed the tariffs would incentivize tech companies to manufacture chips in the US instead of Taiwan.
Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.
WIth one foot out the White House door, the Biden administration issued 2 documents Musk is now using in his battle to break up OpenAI and Microsoft.
Jake Sullivan, the national security adviser, said in an interview that “we’ve just stuck with our theory, which is managed competition.” Trump and Xi Jinping might have other plans.
President Donald Trump previously criticized the CHIPS and Science Act, leading to speculation over whether the law could be repealed or tweaked under the new administration.
The outgoing president thanked federal employees for their dedication and reflected on his administration's policy achievements and accomplishments.
In his final speech from the Oval Office, President Biden urged the country to remember its roots and not surrender its values at the altar of a populist nationalism that he sees as dangerous.
Roger W. Ferguson, Jr., is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations.
In the final days of the Joe Biden presidency, the Department of Commerce’s CHIPS and Science Act came to preliminary funding for several new companies including Infinera, Coherent, Corning and Edwards Vacuum. The total amount of this subsidy funding round is more than $200 million.
As Donald Trump re-enters the presidential office, the durability of these efforts will be tested, with his administration likely to reshape — though not entirely abandon — this critical partnership.
The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.