U.S. President Joe Biden on Wednesday lifted an executive order signed by Trump during his presidency to ban the short film app “Tiktok” and the instant messaging app “WeChat. However, Biden also passed a new executive order requiring the U.S. Department of Commerce to evaluate and ban applications controlled by foreign adversaries that could pose a national security risk. The new executive order differs from the earlier one issued by Trump in that Biden did not specifically target any companies.
In addition, Chinese Commerce Minister Wang Wentao had a video call with U.S. Commerce Secretary Raimondo on Thursday (10). The two had a “frank and pragmatic exchange of views” on U.S.-China issues in the business sector. The two sides also agreed to promote the development of trade and investment cooperation, properly address differences between the two countries, and continue communication.
The call between the U.S. and Chinese commerce ministers followed a video call between Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen last Wednesday (2). The Chinese side later said the exchange was “professional, frank and constructive,” adding that it showed the start of normal communication between the U.S. and China in the economic and trade field.
Recent Comments