Chinese State-Controlled Factory in US, Gaetz Threatens McCarthy, Trump Testimony Debate - Today's Top Stories

This US factory is actually Chinese state-controlled
Hear what former Trump attorney thinks about having Trump testify
See Matt Gaetz's not-so-veiled threat against Kevin McCarthy
Haberman Why blaming Trump for Jan 6. is not a legal defense
Special counsel's focus shifts to people outside of Trump's circle. Hear why

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Relevant topic timeline:

8/18/2023

The U.S. Wants to Target China’s Dangerous AI Systems. It’s Easier Said Than Done.

Main topic: The Biden administration's proposed regulations to curb U.S. investments in key technology sectors in China due to concerns about enhanced battlefield capabilities. Key points: 1. The proposed regulations aim to prohibit certain investment transactions between U.S. citizens and companies in China in specific technology sectors. 2. For semiconductors and quantum information technologies, the regulations specify where U.S. investors will no longer be allowed to invest in China. 3. However, for AI systems, there are challenges in distinguishing between military and civilian applications, and the administration seeks to shape a prohibition based on the entities involved in the transaction.

8/23/2023

Huawei is building secret network for chips, trade group warns - Bloomberg News

Chinese tech giant Huawei is reportedly building secret semiconductor-fabrication facilities in China to evade U.S. sanctions, according to the Semiconductor Industry Association, which claims that Huawei has acquired existing plants and is constructing three others using state funding.

8/29/2023

Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem

Even as the United States tries to reduce its reliance on Chinese goods, research suggests that global supply chains remain deeply interconnected, with Chinese products making their way into America through other countries. Changes in trade relationships and supply chains have caused China's share of US imports to decline, but countries like Vietnam and Mexico have seen an increase in imports from China, indicating that Chinese firms are still heavily involved in the supply chains. This reshuffling of supply chains has led to higher prices for goods and calls into question whether the US has truly lessened its dependence on China.

9/6/2023

US Seeks Details on Made-in-China Huawei Chip as Debate Grows

The US is seeking to understand the details of Huawei's chip technology, which has sparked Chinese nationalism and raised questions about the effectiveness of US restrictions on the country's tech sector.

9/30/2023

US Restricts Advanced Chip Exports to Middle East, Targeting China's AI Ambitions

The US government's export restrictions on advanced computer chips is seen as a move to control China's access to AI technology and prevent Middle Eastern countries from becoming conduits for Chinese firms to acquire these chips, with countries like Iran, Saudi Arabia, UAE, Qatar, and Israel being the most likely candidates affected by the restrictions.

10/3/2023

Yellen: US Too Reliant on China for Chips and Clean Energy, But Doesn't Seek Decoupling

U.S. Treasury Secretary Janet Yellen warns that the United States is too reliant on China for critical supply chains, particularly in clean energy products, and needs to diversify its sources of supply.