Raimondo

US Commerce Secretary Gina Raimondo said her department needs more money to stop China from catching up on cutting-edge semiconductors. “We cannot let China get these chips. Period,” she said at the Reagan National Defense Forum in Simi…

© Reuters. U.S. Secretary of Commerce Gina Raimondo attends a press conference at the Boeing Shanghai Aviation Services near the Shanghai Pudong International Airport, in Shanghai, China August 30, 2023. REUTERS/Aly Song By Diane…

Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest economies. She promises to be “practical”…