President Donald Trump appeared to signal June 24 that the U.S. no longer will sanction China for purchases of Iranian oil.
House Select Committee on China Chairman Rep. John Moolenaar, R-Mich., called on the Trump administration June 23 to enforce a 2024 law that requires China’s ByteDance to sell TikTok or face a U.S. ban on the popular social media application.
President Donald Trump signed an executive order June 19 giving China’s ByteDance an additional 90 days, or until Sept. 17, to find a buyer for TikTok or face a U.S. ban on the popular social media application.
The Trump administration released more details about the conditions for Japan-based Nippon Steel's purchase of U.S. Steel, which Trump said would result in a $14 billion investment in the U.S. economy while keeping the American company headquartered in the U.S. (see 2505230075).
The U.S. and China reached an agreement for Beijing to rein in export curbs on critical minerals, and for the U.S. to "provide to China what was agreed to," President Donald Trump said June 11, offering few details about the substance of the deal.
President Donald Trump got the phone call with Chinese President Xi Jinping he'd been seeking, and Trump wrote on social media that "there should no longer be any questions respecting the complexity of Rare Earth products."
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged the Trump administration June 4 to investigate whether terrorists have used Elon Musk's social media platform X to raise money, in violation of U.S. sanctions.
House Select Committee on China Chairman John Moolenaar, R-Mich., said June 3 that he hopes the Trump administration will release a new AI diffusion export control rule “soon" to replace the one it recently rescinded.
Sen. Tom Cotton, R-Ark., warned Nvidia and other U.S. chip firms last week that they will face penalties if they send advanced AI chips to China.
The United Steelworkers said May 28 that it remains uncertain what the recently announced “planned partnership” between Japan-based Nippon Steel and U.S. Steel will entail.