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Alexandra Alper
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
BUSINESS / Companies
Dec 21, 2024
Nippon Steel alleges undue White House influence on doomed deal review
The accusation was made in a Dec. 17 letter, signed by counsel for Nippon Steel and U.S. Steel, to the Committee on Foreign Investment in the United States.
The U.S. Steel Mon Valley Works Edgar Thomson Plant along the Monongahela River in Braddock, Pennsylvania
BUSINESS / Companies
Dec 19, 2024
Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows
The letter, sent Saturday, sets the stage for U.S. President Joe Biden, who has long opposed the deal, to block it.
U.S. President Joe Biden — born in U.S. Steel’s home state of Pennsylvania — has long signaled opposition to the company's sale to Nippon Steel.
BUSINESS
Dec 11, 2024
U.S. says review of Nippon Steel bid ongoing as U.S. Steel shares tumble
The companies are poised to pursue litigation over the process if U.S. President Joe Biden decides to block the merger, sources added.
Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, gestures as he speaks during a rally for then-Republican presidential nominee Donald Trump at Madison Square Garden in New York on Oct. 27.
WORLD / Politics
Nov 21, 2024
Lutnick's China ties draw fire after Trump taps him for U.S. trade roles
The ties raise questions about whether Lutnick could be unduly influenced by Beijing when making decisions as U.S. trade representative and commerce secretary.
A United Steelworkers sign is seen outside the Great Lakes Works U.S. Steel plant in River Rouge, Michigan.
BUSINESS / Companies
Sep 18, 2024
U.S. decision on Nippon Steel bid pushed back until after election
The move offers a ray of hope for the companies, whose proposed deal appeared set to be blocked on national security grounds.
Nippon Steel has responded to the U.S. government concerns by saying it will invest billions of dollars to maintain and boost U.S. Steel facilities that otherwise would have been idled, "indisputably" allowing it to "maintain and potentially increase domestic steelmaking capacity in the United States."
BUSINESS / Companies
Sep 6, 2024
U.S. fears Nippon Steel's bid for U.S. Steel could hit vital steel supply
The U.S. government is concerned that U.S. Steel would be less likely to seek tariffs on foreign steel importers if it is under the ownership of the Japanese steelmaker.
U.S. Foreign Affairs Committee Chairman Michael McCaul, a U.S. House representative from Texas
BUSINESS / Tech
Jul 12, 2024
U.S. lawmakers raise concerns over Microsoft deal with Emirati AI firm
The Republican lawmakers' letter is a sign of growing concern about the lack of regulations around the export of sensitive artificial intelligence models.
The investigation into the Chinese telcos is the latest effort by Washington to prevent Beijing from exploiting Chinese firms' access to U.S. data to harm U.S. companies, Americans or its national security as part of a deepening tech war between the geopolitical rivals.
BUSINESS / Tech
Jun 25, 2024
U.S. probing Chinese telcos over internet and cloud risks
Their cloud services and routing of wholesale U.S. internet traffic raise concerns that they could exploit access to American data by providing it to Beijing.
China is likely around two years behind the United States in developing its own AI software.
WORLD / Politics
May 9, 2024
U.S. eyes curbs on China's access to AI software behind apps like ChatGPT
Preliminary plans the Biden administration has include placing guardrails around the most advanced AI Models, the core software of AI systems like ChatGPT.
A Chinese flag is flown near a Huawei store in Shanghai in 2023.
WORLD / Politics
May 8, 2024
U.S. revokes some export licenses for firms supplying China's Huawei
Huawei was placed on a U.S. trade restriction list in 2019 amid fears it could spy on Americans.
Assembly engineers work on a lithography system at ASML in Veldhoven, Netherlands in June.
BUSINESS / Tech
Apr 5, 2024
Targeting Chinese chips, U.S. to push Dutch on ASML service contracts
The U.S.' export policy chief is set to meet in the Netherlands next Monday with officials from the Dutch government and ASML.
U.S. President Joe Biden speaks during an event at the White House in Washington on Wednesday.
WORLD / Politics
Feb 29, 2024
Biden cracks down on U.S. data flows to China and Russia
Seeking to protect American personal data, Biden unveiled an executive order barring genomic data transfers to China and other "countries of concern."
The Huawei Mate 60 Pro, launched in August 2023 and powered by a sophisticated chip, was seen as a symbol of the China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.
BUSINESS / Tech
Feb 22, 2024
U.S. targets China chipmaking plant after Huawei Mate 60 Pro
The Biden administration seeks to cut off China's most advanced factory from more American imports after it produced a sophisticated chip for the phone.
U.S. President Joe Biden signs an Executive Order about Artificial Intelligence as Vice President Kamala Harris looks on, at the White House in Washington on Monday.
WORLD / Politics
Oct 31, 2023
Biden inks executive order to curb AI risks to national security
Artificial intelligence technology has been making rapid gains in capability and popularity in an environment of, so far, limited regulation.
The U.S. is struggling to cut China off from top AI technology.
BUSINESS / Tech
Oct 13, 2023
Biden eyes adding AI chip curbs to Chinese companies abroad
Efforts to close the loophole allowing access to chips the show how the Biden administration is struggling to cut China off from top AI technology.
Japan Times
BUSINESS
Mar 9, 2023
Dutch to restrict semiconductor tech exports to China, joining U.S. effort
The Netherlands is a leader in chipmaking technology and the move is a step toward adopting rules urged by Washington to hobble China's chipmaking industry and slow its military advances.
Japan Times
BUSINESS
Sep 12, 2022
Biden administration to hit China with new curbs on U.S. chip and tool exports
The rules are likely to ban unlicensed exports of chipmaking equipment to Chinese factories making advanced semiconductors with manufacturing specifications below 14 nanometers in scale.
Japan Times
BUSINESS
Mar 3, 2022
U.S. hits Russian oil refining sector and slaps export curbs on Belarus
The new round of sanctions announced by the White House ban the export of specific refining technologies, making it harder for Russia to modernize its oil refineries.
Japan Times
BUSINESS
Jun 25, 2020
Washington report says Huawei and Hikvision backed by Chinese military
The administration of U.S. President Donald Trump has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according...

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