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.

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.

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.

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.

China’s chips lag “years behind,” U.S. Secretary of Commerce Gina Raimondo told 60 minutes in April. While U.S. export controls curtail China’s access to the most cutting-edge semiconductors, they still allow the sale of less powerful chips.

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 Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) systems, in a final effort to prevent rivals like China from accessing the advanced technology,

New AI tech regulations are designed to enhance national security, but have been branded as a competition stifling measure to keep the US ahead.

The Biden administration says it wants to prevent China from spying on Americans through their vehicles. But the rule could block popular vehicles like Polestar from selling in the US.

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 ...