Commerce Secretary Gina Raimondo says Donald Trump is a president-elect who for all of his aggressive talk is afraid to let America compete with the rest of the world, responding instead with tariffs and curtailing immigration.

"Marketplace" host Kai Ryssdal does an "exit interview" with Commerce Secretary Gina Raimondo. They talk AI, tariffs and more.

In an apparent move to dictate to its successor how to handle China relations, the Joe Biden administration has markedly intensified its China-targeted measures during its last week in office.

President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.

As part of a crackdown on vehicle software and hardware from China, the Biden Administration has finalized its rules for banning Chinese EVs in the US market.

The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.

The US on Monday unveiled new export rules on advanced computing chips used for artificial intelligence, further curbing China's access to the technology.

By 2020, the plan called for “iconic advances” in AI to demonstrate its progress. Then in late 2022, OpenAI’s release of ChatGPT took the world by surprise—and caught China flat-footed. At the time, leading Chinese technology companies were still reeling from an 18-month government crackdown that shaved around $1 trillion off China's tech sector.

In a letter dated Thursday and seen by Reuters, the lawmakers, led by Republican China Select Committee Chairman John Moolenaar, asked Commerce Secretary Gina Raimondo to study imposing a licensing restriction on U.S. pharmaceutical companies working with ...

The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.

The moves are part of the Biden administration’s last-gasp efforts to clamp down on China’s harnessing of AI for its military and tech sector.

Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis".