Tag: Washington (state)

InnovationTechnologyTrade

US Weighs Software Export Restrictions Against China, Risking Tech Sector Division

Washington is reportedly considering new software export restrictions targeting China, escalating the technology Cold War. Industry analysts suggest these measures could deepen the divide in global tech supply chains and create significant challenges for both US and Chinese technology sectors.

Escalating Tech Tensions

The United States government is reportedly considering new software export restrictions against China, according to recent industry analysis, marking a significant escalation in the ongoing technology competition between the world’s two largest economies. Sources indicate that Washington increasingly views software as a critical leverage point in its economic rivalry with Beijing, while China maintains its dominant position in the global supply of rare earth elements essential for electronics manufacturing.

by Nathan Cross
PolicyTrade

Western Nations Intensify Efforts to Curb Russian Oil Purchases by Major Asian Economies

The United States and Britain are escalating efforts to limit Russia’s oil revenue streams amid ongoing conflict in Ukraine. Recent developments include diplomatic pressure on India and new sanctions targeting Russian and Chinese energy entities involved in petroleum trade.

Diplomatic Pressure Mounts on Asian Oil Buyers

Western powers have significantly increased pressure on key allies and trading partners to reduce their reliance on Russian oil exports, according to recent reports from diplomatic and industry sources. The coordinated effort comes as the conflict in Ukraine continues to impact global energy markets and international relations.

by Henry Blakemore