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Commerce Secretary Gina Raimondo

All articles tagged with #commerce secretary gina raimondo

international-relations2 years ago•2 min saved

Raimondo's Remarks on US-China Relations Spark Controversy

US Commerce Secretary Gina Raimondo stated that the US would support the growth of China's economy if Beijing "plays by the rules." While acknowledging the benefits of a growing China, Raimondo emphasized the need to protect American interests and national security. The comments come after a summit between Chinese President Xi Jinping and President Biden aimed at improving economic relations. Raimondo highlighted concerns about Chinese firms engaging in illegal activities and criticized excessive subsidies and regulatory bending. She emphasized the importance of the US maintaining its lead in technology, particularly in semiconductors and artificial intelligence. Despite efforts to improve relations, Raimondo stressed the need for caution and effective communication to manage conflicts between the US and China.

via AOL|

#commerce-secretary-gina-raimondo #economic-growth #international-relations

geopolitics2 years ago•1 min saved

US Commerce Chief Urges Stronger Tech Export Controls to Counter China Threat

US Commerce Secretary Gina Raimondo has warned against the threat posed by China and called for measures to prevent China from acquiring semiconductors and cutting-edge technologies crucial for national security. Raimondo emphasized that China is the biggest threat the US has ever faced and urged lawmakers, Silicon Valley, and US allies to take action. She highlighted the need for stricter export controls and better funding for her department to effectively protect America's interests. Raimondo also emphasized the importance of democracy and the rule of law for businesses and expressed determination to maintain America's leadership in artificial intelligence and advanced semiconductor design.

via South China Morning Post|

#commerce-secretary-gina-raimondo #geopolitics #national-security

politics2 years ago•3 min saved

"Commerce Secretary Raimondo Expresses Concern Over Impending Government Shutdown"

Commerce Secretary Gina Raimondo expressed concern that U.S. business leaders are "very worried" about a potential government shutdown if Congress fails to pass a short-term funding measure by the October 1 deadline. Raimondo emphasized the negative impact a shutdown would have on the economy and hopes for a speedy resolution. She also discussed her recent visit to China, where she opened lines of communication on export controls, commercial issues, and trade secrets, expressing concerns about transparency in Chinese business regulations. Raimondo stated that trust in the Chinese government will be determined by their actions in the future.

via CBS News|

#business-leaders #commerce-secretary-gina-raimondo #government-shutdown

international-relations2 years ago•4 min saved

"Raimondo's Successful US-China Talks: Holding the Line on Tech Export Controls"

U.S. Commerce Secretary Gina Raimondo faced criticism from national security experts and Republican lawmakers for launching new economic discussions with China while maintaining aggressive trade restrictions targeting China's high-tech sector. Raimondo's visit to Beijing and Shanghai aimed to promote dialogue between the two countries, but some worry it could lead to a repeat of past engagement that saw China gain an advantage in tech and manufacturing. The Biden administration defends the economic forums, stating they focus on mundane economic activity and U.S. national security actions. However, Chinese leader Xi Jinping's recent visit to the Xinjiang region, where he defended the detainment of Uyghur Muslims, complicates Raimondo's diplomatic efforts.

via POLITICO|

#china #commerce-secretary-gina-raimondo #economic-engagement

international-relations2 years ago•2 min saved

"Raimondo's Tricky Visit: Seeking Stable US-China Relationship"

U.S. Commerce Secretary Gina Raimondo is embarking on a challenging visit to Beijing to meet with senior Chinese officials and discuss U.S.-China economic ties. Raimondo aims to address Chinese concerns about containment and promote trade relations while also advocating for U.S. businesses. The agenda includes topics such as tourism, export controls, and cross-border data flows. Reversing tariffs imposed by former President Donald Trump is unlikely to happen as a result of this trip. Both countries recognize the importance of stabilizing the trading relationship between the world's two largest economic powers.

via CNBC|

#commerce-secretary-gina-raimondo #economic-ties #international-relations