Tag: Treasury Department

The U.S. government is taking steps to restrict investment in key Chinese technologies, such as semiconductors, microelectronics, quantum computing, and artificial intelligence. The move is part of a broader effort to counter China’s growing technological prowess and to protect U.S. national security interests. The restrictions are likely to be met with resistance from China, but the Biden administration has said that they are necessary to protect U.S. interests. The restrictions could have a significant impact on the U.S.-China relationship and could lead to retaliation from China.