President Joe Biden won’t enforce a ban on the social media app TikTok that is set to take effect a day before he leaves office on Monday, a U.S. official said Thursday, leaving its fate in the hands of President-elect Donald Trump. President Joe Biden will not enforce a law banning TikTok as he’s passed…
Chinese start-up Zhipu AI said it “strongly disagrees” with a US decision to add the company and its subsidiaries to an export blacklist, as the administration of President Joe Biden released a flurry of trade restrictions just days before he leaves office. The US Department of Commerce on Wednesday added 25 China-based companies and two…
President Biden and President-elect Donald Trump both advocate a tough stance on China, but have substantially different strategies on how to interact with Beijing. Before Trump took office in early 2017, the two governments had over 90 official channels of communication. He and his team had little patience for such formalized communication, seeing them as…
The White House announced a trade investigation into “legacy” semiconductors made by China on Monday, less than a month before the new administration of president-elect Donald Trump takes power, that could impose additional tariffs on Chinese-made everyday US consumer goods from cars to coffee makers. The inquiry falls under Section 301, a tool named after…
By Casey Hall, Florence Lo and Xihao Jiang GUANYUN, China (Reuters) – In an industrial park being built with Chinese state support in the middle of a sprawling farming community, factory boss Lei Congrui straightens a tiny golden bell hanging off a choker on a mannequin wearing white-and-pink lingerie. What Lei calls his “erotic clothing”…
A Harvest woman is among the 39 individuals pardoned by President Joe Biden Thursday. Nina Simona Allen, 49, was convicted of a non-violent offense in her 20s. “In the years since, Ms. Allen returned to school to earn a post-baccalaureate degree and two master’s degrees. She now works in the field of education. Ms. Allen…
President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management firm who defrauded investors of more than $665 million….
(Bloomberg) — Meta Platforms Inc (META). has donated $1 million to President-elect Donald Trump’s inaugural fund, part of an effort to build a positive relationship with the administration after a tense history. Most Read from Bloomberg While small, the donation is not something Meta did for President Joe Biden or Trump’s prior term, and it…
The United States added two Chinese companies to a trade restriction list on Tuesday for allegedly enabling human rights violations as President Joe Biden kept up the pressure on Beijing in the waning days of his administration. The Commerce Department, which oversees export policy, added Zhejiang Uniview Technologies Co., Ltd. to the entity list, “because…
SAN CARLOS, ARIZONA — After missing 40 days of school last year, Tommy Betom, 10, is on track this year for much better attendance. The importance of showing up has been stressed repeatedly at school — and at home. When he went to school last year, he often came home saying the teacher was picking…