Lawyers for TikTok will argue that banning the app will violate the free speech of 170 million American users. The Justice Department will contend that the app is a national security risk.
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
China said on Friday it would take "all necessary measures" in response to the United States announcing it was considering restrictions on commercial Chinese drones for national security reasons. Responding to a question about the potential restrictions on Friday,
The United States on Friday slapped sanctions on a Beijing-based hacking outfit with links to the Chinese government, accusing it of targeting "critical" US government infrastructure.
China and the United States have agreed to maintain communication and manage differences during the presidential transition process in the White House, and to continue stabilizing bilateral economic ties, as stated on Tuesday during a video call between Vice-Premier He Lifeng and US Treasury Secretary Janet Yellen.
With the potential for further tariff escalations under returning president Donald Trump, the United States' largest port complex found itself awash in goods from China in December as importers rushed to beat Trump's January 20 inauguration.
By putting 10 United States entities on its Unreliable Entity List and 28 US entities on its Export Control List on Thursday, the first work day of the new year, Beijing is not only responding to the most recent arms sales to Taiwan and the probe into China's conventional semiconductor sector that the Joe Biden administration announced late last month,
WASHINGTON (AP) — The U.S. Treasury on Friday sanctioned a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure.
WASHINGTON (AP) — The U.S. Treasury on Friday sanctioned a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure.
The conclusion comes after the FBI accused Integrity Technology Group of hacking into hundreds of thousands of U.S. devices, per court documents.
The Pentagon has added five Chinese companies including Shenzhen-based tech giant Tencent and the world's biggest battery maker CATL to a list of mainland firms that Washington believes pose threats to US national security.