Joe Biden might not be done with his yearslong effort to limit China’s access to advanced computer chips. According to the Wall Street Journal, the Biden administration is preparing new rules to cap the sale of chips to certain countries in Southeast Asia and the Middle East that may be acting as intermediaries for China.
While Biden has enacted strict export controls limiting the sale of advanced chips and semiconductor manufacturing equipment to China, there is still an underground market for these products thriving in the Middle Kingdom.
It’s unclear which countries would be capped from receiving large quantities of chips, but the US has kept a close eye on Saudi Arabia and the UAE’s own AI ambitions, even as it has struck deals with both countries. The updated rules are expected to come later this month, mere weeks before Biden’s presidency ends.
Three months into the Iran war, the Strait of Hormuz is in a standoff and the geopolitical fallout is spreading fast. Kori Schake of the American Enterprise Institute breaks down with Ian Bremmer what the conflict means for US power and the ambitions of Russia and China.
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UK's Health Secretary Wes Streeting, one of Prime Minister Keir Starmer’s closest allies, has turned against him, after resigning on Thursday, asking the PM to follow suit.
Xi Jinping will welcome Donald Trump with lots of pomp and circumstance. The summit, though, will be short on substance.