Part 6/11:
In a separate but equally significant move on the global stage, the Biden administration announced a major crackdown on Chinese technological development. On Tuesday, the U.S. Department of Commerce blacklisted over 50 Chinese tech companies, marking the first extensive use of export controls since President Trump’s return to office. This action aims to curb China’s access to critical American technology, especially in artificial intelligence (AI) and high-performance computing with military applications.