Gina Raimondo

Japan will ask the United States to be more flexible on electric vehicle (EV) purchase incentives for non-American carmakers, Kyodo news agency reported, citing unidentified government sources. The move follows a statement from South Korea's foreign ministry saying Seoul is seeking a three-year grace period on the US Inflation Act to enable its automakers to continue receiving EV incentives in the United States. The law restricts tax credits for EVs to those assembled in North America. After President Joe Biden signed…

President Joe Biden signed an executive order to implement a new framework to protect the privacy of personal data shared between the U.S. and Europe, the White House announced Friday.The new framework fills a significant gap in data protections across the Atlantic since a European court undid a previous version in 2020. The court found the U.S. had too great an ability to surveil European data transferred through the earlier system.The court case, known as Schrems II, "created enormous uncertainty about the ability of…

Apple’s iPhones have stuck with the Lightning charging port even though the majority of other devices have switched to USB-C.Photo: Kaspars Grinvalds (Shutterstock)The European Union has officially demanded that all tech companies—but really we’re all still talking about Apple—add support for USB-C charging cables in a move that could make USB-C the dominant cable throughout the world.In a Tuesday press release, the EU announced it has adopted the new law with 602 voting members of the European Parliament voting “yes”…

The Biden administration on Tuesday named a team of senior advisers to oversee $52.7 billion in government funding to boost semiconductor manufacturing and research. Commerce Department chief economist Aaron "Ronnie" Chatterji will serve as White House Coordinator for CHIPS Implementation at the National Economic Council (NEC) and will manage the work of the CHIPS Implementation Steering Council created by President Biden's chips executive order signed last month. In August, Congress approved $52.7 billion for…

WASHINGTON—As a $52 billion bill to bolster semiconductor manufacturing in the U.S. approached a critical juncture, Commerce Secretary Gina Raimondo reached out to some unusual figures to cultivate support in Congress: former Trump administration national security officials.A member of her security detail told her that H.R. McMaster, national security adviser to former President Donald Trump, praised her on Joe Rogan’s…

WASHINGTON— President Biden remains undecided about easing tariffs on Chinese imports, as he weighs the possible impact on inflation against the impact on American workers, Commerce Secretary Gina Raimondo said. “He is trying to balance the benefit to inflation from cutting the tariffs against potential harm to U.S. labor,” Ms. Raimondo said in an interview. “I know he’s looking at it. He takes it incredibly seriously.”…

U.S. House Speaker Nancy Pelosi shakes hands with Senate Majority Leader Chuck Schumer at the start of a discussion with historians on how to "establish and preserve the narrative of January 6th" on the one-year anniversary of the attack on the Capitol in Washington, January 6, 2022.Al Drago | Pool | ReutersCongress is about to head out for summer recess with one major piece of tech policy legislation checked off but several others still hanging in the balance.Lawmakers managed to pass more than $50 billion in funding…

The US President, Joe Biden, will sign a bill on August 9 to subsidize the US semiconductor industry and boost efforts to make the United States more competitive with China, the White House said. The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing machines and video games. Thousands of cars and trucks remain parked in southeast Michigan awaiting chips as the shortage continues to impact automakers. A rare major foray into US industrial policy, the bill provides…

Commerce Secretary Gina Raimondo said there was extensive discussion "about how Japan and the United States could collaborate, especially with respect to advanced semiconductors." Commerce Secretary Gina Raimondo said there was extensive discussion "about how Japan and the United States could collaborate, especially with respect to advanced semiconductors." FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each…

The US Commerce Department said that it will limit the size of government subsidizes for semiconductor manufacturing and will not let firms use funding to "pad their bottom line." The US House of Representatives gave final approval to legislation that provides $52 billion in government funding to boost semiconductor manufacturing and research. President Joe Biden is expected to sign the legislation early next week. The Commerce Department told chips companies awards will be "no larger than is necessary to ensure the…