All posts tagged: Gina Raimondo

U.S. tightens its grip on AI chip flows across the globe

U.S. tightens its grip on AI chip flows across the globe

Published by Sam

US President Joe Biden delivers remarks on advancing the safe, secure, and trustworthy development and use of artificial intelligence, in the East Room of the White House in Washington, DC, on October 30, 2023. Brendan Smialowski | AFP | Getty Images The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its allies while finding more ways to block China’s access. The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access to U.S. AI technology for America’s closest allies, while also maintaining a block on exports to China, Russia, Iran and North Korea. The lengthy new rules unveiled in the final days of outgoing President Joe Biden’s administration go beyond China and are aimed at helping the U.S. keep its dominant status in AI by controlling it around the world. “The U.S. leads AI now – both AI development and AI chip design, and …

How to ‘Trump proof’ the transatlantic relationship? – POLITICO

How to ‘Trump proof’ the transatlantic relationship? – POLITICO

Published by skeptic

“It’s been very successful,” said Daniel Mullaney, the former top U.S. negotiator on trade issues with Europe, of the TTC. “We’ve had high-level attention, including at the presidential levels, on all of these issues. That’s kept the momentum going.” The question now is what happens if Trump wins back the White House in November. Even if Biden holds on for a second term, his economic agenda known as “Bidenomics” centers on government subsidies for local industries and a growing wariness of the global trading order. Current officials dismiss those concerns, claiming Washington will always work closely with allies. “Whomever is going to sit in the White House or in the Berlaymont building will have to factor in the fact that this trade and economic relationship between the US and EU is just too important,” said Leopoldo Rubinacci, deputy director general at the European Commission’s trade department. Still, Trump, now the Republican presidential nominee, has warned that he would impose a 10 percent tariff on all imports. In his first term, Trump also slapped tariffs on …