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The Latest Breaking News from Commerce

China Says Raised 'Serious Concerns' With US Over Trade Curbs

The United States and China on Tuesday raised concerns about trade between the world's two biggest economies, with China's commerce minister urging Washington to lift sanctions on his country's firms "as soon as possible".

International Business Times

Biden plan to purge auto tech from China might actually hurt Detroit

The Commerce Department's proposed new ruling may have stark consequences for domestic automakers.

The Street

Commerce Department Bans Chinese Car Components

Commerce Secretary Raimondo insists the rule "is a strictly national security action."

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Citing security concerns, the US is now looking to ban Chinese and Russian-made vehicles

The U.S. Department of Commerce has proposed a ban on electric vehicles from China and Russia amid concerns regarding citizen privacy and national security.

TechRadar

Commerce Department Seeks Ban On Chinese And Russian Vehicle Tech

Commerce Department plans to ban Chinese and Russian software and hardware in U.S. connected vehicles for national security reasons.

Top News

Ban sought for Chinese, Russian software and hardware used in autonomous vehicles on US roads

A ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware is being sought by the U.S. Commerce Department, with the stated goal of protecting national security and U.S. drivers

The Independent UK

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U.S. Aims To Ban Cars With Software, Hardware Links To China

Forget tariffs on EVs. Proposed new U.S. Commerce Department rules would ban cars with digital links to China from 2027 onward.

InsideEVs

US Set To Announce Planned Ban On Chinese Vehicle Technology: Report

The Commerce Department is expected to unveil the proposed prohibitions on Monday, following an investigation ordered by President Joe Biden.

International Business Times

EU, China hold 'constructive' talks on electric vehicle tariffs but still no agreement

EU Trade Commissioner Valdis Dombrovskis reported positive progress in discussions with Chinese Commerce Minister Wang Wentao on Thursday. The talks come as China aims to negotiate an agreement with the European Union to prevent the imposition of high tariffs on electric vehicles (EVs) exported to EU countries.

Radio France Internationale

U.S. Govt pushes Nvidia and Apple to use Intel's foundries — Department of Commerce Secretary Raimondo makes appeal for US-based chip production

Intel CEO Pat Gelsinger expressed his frustrations about American tech companies' use of TSMC for their chip requirements during a meeting with Secretary Raimondo. The latter then encouraged investors in private sessions to use American foundries for their chip-making needs.

Tom’s Hardware

3 E-Commerce Stocks to Buy as Online Shopping Thrives

With changing consumer preferences, rising online shopping trends, and AI adoption, the e-commerce industry is flourishing. Thus, fundamentally sound e-commerce stocks eBay (EBAY), Liquidity Services (LQDT), and Natural Health Trends (NHTC) could be ideal buys. Keep reading.

StockNews.com

US lawmakers urge probe into TP-Link over fears of possible cyberattacks

TP-Link Wi-Fi routers are a threat to US national security, lawmakers say.

TechRadar

The first set of standards for post-quantum cryptography have been published — here's what it means for you

Q-Day is on the horizon, with NIST revealing encryption standards to protect the internet for when it arrives.

TechRadar

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StockNews.com

3 Retail REITs to Buy for E-Commerce Growth

Amid wide potential for e-commerce growth and rapid technological advancements, retail REITs could be ideal investment choices for reliability, regular passive income, and stability. Therefore, it could be wise to invest in top retail REITs Alexander's, Inc. (ALX), EPR Properties (EPR), and Simon Property Group, Inc. (SPG) for future gains.…

StockNews.com

3 Pet Care Stocks to Watch

The pet care industry’s robust expansion is driven by rising disposable income, adoption of e-commerce platforms, and rising pet ownership. Therefore, investors could consider watching fundamentally sound pet care stocks, Zoetis (ZTS), IDEXX Laboratories (IDXX), and Chewy (CHWY). Keep reading.

TechRadar

Squarespace pricing 2024

Let's explore Squarespace's pricing plans for personal blogs and online stores, comparing features and ecommerce tools to help you choose the best fit.

Fortune

China is poised to dominate the market for legacy chips

U.S. Commerce Secretary Gina Raimondo warned in April that 60% of all mature chips coming into the market will come from China.

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Roll Call

Law enforcement funding battle - Roll Call

A spending bill drafted by House Republicans has triggered partisan disputes over federal law enforcement funding and policies

Roll Call

Privacy bill markup canceled amid multi-front opposition - Roll Call

The House Energy and Commerce Committee abruptly canceled a markup on a federal data privacy bill in the face of a torrent of opposition.

Roll Call

Senate spectrum bill markup scrapped over partisan differences - Roll Call

The Senate Commerce Committee late Monday scrapped plans for a wireless spectrum auction bill markup that has been punted several times.

PC Gamer

Microsoft president grovels before Congress, takes responsibility for a 'cascade' of cybersecurity errors

Chinese hackers accessed US government data thanks to Microsoft's 'avoidable errors'.

Top News

Biden Administration Engages With Business Leaders For Economic Growth

President Biden engages with corporate leaders to drive investment and address workforce shortages, balancing business interests with worker welfare.

Bangkok Post

African countries want answers over old rice sale

The Foreign Ministry will meet with diplomats from African countries to address concerns following reports that Thailand plans to sell 15,000 tonnes of 10-year-old rice to their countries.

StockNews.com

3 Retail Stocks to Avoid in May

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

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