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Industry

Final stage of U.S. investment talks: Can South Korea win duty-free export cap for chips?

Detailed talks over $200 billion of South Korea’s $350 billion investment package for the United States are entering a final stage, with Industry Minister Kim Jeong-gwan travelling to meet U.S. Commerce Secretary Howard Lutnick. Observers say Seoul needs to secure a written duty-free export quota for semiconductors proportional to investment as Washington designs chip tariffs to push more local production. Uncertainty remains over formulas and product coverage, while the government discusses responses across agencies.

AI & Enterprise

U.S. Commerce Department moves to block China AI firms from remote access to advanced chips

The U.S. Commerce Department is drafting new export rules aimed at stopping Chinese AI companies from remotely accessing advanced semiconductors, The Information reported. A small team at the Bureau of Industry and Security is preparing a narrower alternative to the Biden-era “AI diffusion rule,” the report said. The rules would target access through overseas data centres in places such as Thailand and Singapore.

Telecommunications & Media

Trump bans foreign power-grid systems again, declares national emergency, targets Chinese equipment

U.S. President Donald Trump again barred the import, installation and use of foreign-made large-scale power systems used on the U.S. power grid. He declared a national emergency and signed an executive order blocking Americans and U.S. companies from buying, importing, transferring or installing systems judged a national security risk. The move covers hardware and software and gives the Energy Department key authority. The administration must draft implementing rules within 120 days.