China's Efforts to Curb Solar Glut Show Limited Impact, CEA Says
'While efforts are likely to cool investments in new production capacity, this does not mean that a sharp market correction will be induced by the policy measures,' said Joseph Johnson, an associate director at consultancy Clean Energy Associates, which compiled the report.
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USA Today
12 minutes ago
- USA Today
White House launches official TikTok account: 'America we are BACK!'
WASHINGTON - The White House launched an official TikTok account on Aug. 19, taking advantage of the short video app's more than 170 million U.S. users to spread the messages of President Donald Trump. Trump has a soft spot for the popular app, crediting it with helping him gain support among young voters when he defeated Democrat Kamala Harris in the November 2024 presidential election. Lawmakers in Washington worry, however, that its U.S. user data could fall into the hands of China's government. Trump has been working on a deal for U.S. investors to buy the app from TikTok's Chinese parent, ByteDance. Past intelligence assessments have said the app's owners are beholden to the Chinese government and that it could be used to influence Americans. The new account, @whitehouse, went live on Aug. 19 with an initial video showing footage of Trump as he declares: "I am your voice." "America we are BACK! What's up TikTok?" the caption read. The TikTok account Trump used for his presidential campaign last year, @realdonaldtrump, has more than 15 million followers. The Republican president also relies heavily on his Truth Social account to deliver his message and posts occasionally on his X account. "The Trump administration is committed to communicating the historic successes President Trump has delivered to the American people with as many audiences and platforms as possible," White House Press Secretary Karoline Leavitt said. "President Trump's message dominated TikTok during his presidential campaign, and we're excited to build upon those successes and communicate in a way no other administration has before," she said. A 2024 law required TikTok to stop operating by Jan. 19 of this year unless ByteDance had completed divesting the app's U.S. assets or demonstrated significant progress toward a sale. Trump opted not to enforce the law after he began his second term as president on Jan. 20. He first extended the deadline to early April, then to June 19, and then again to Sept. 17. Extensions to the deadline have drawn criticism from some lawmakers, who argue the Trump administration is flouting the law and ignoring national security concerns related to Chinese control over TikTok. (Reporting By Steve Holland; Editing by Colleen Jenkins, Rod Nickel and Edmund Klamann)
Yahoo
an hour ago
- Yahoo
China, India Seek Closer Ties to Counter 'Bullying'
China and India want better relations, India's External Affairs Minister Subrahmanyam Jaishankar said, in the latest sign of a thaw between the Asian rivals as they push to normalize relations amid unpredictable US trade policies. Bloomberg's Stephen Engle breaks down the bilateral meeting between Jaishankar and Chinese counterpart Wang Yi, who is visiting India for the first time in three years. Sign in to access your portfolio
The Hill
an hour ago
- The Hill
Trump eyes Intel stake
Lutnick indicated the money for the stake would come from previously allocated Biden-era funding. Media reports have suggested the government is considering a 10 percent stake using CHIPS and Science Act grants. 'The president figures out that we should get, America should get the benefit of the bargain,' he told CNBC's 'Squawk Box.' 'I mean, that is exactly Donald Trump's perspective, which is, why are we giving a company worth $100 billion this kind of money?' he continued. 'What is in it for the American taxpayer? And the answer Donald Trump has is we should get an equity state for our money.' 'So we'll deliver the money which was already committed under the Biden administration,' Lutnick added. 'We'll get equity in return for it, get a good return for the American taxpayer instead of just giving grants away.' The Commerce secretary's comments come just less than two weeks after President Trump called on Intel CEO Lip-Bu Tan to resign. The president accused Tan of being 'highly conflicted' following Sen. Tom Cotton's (R-Ark.) letter to the company, voicing concerns about the CEO's investments in Chinese companies and his previous role at Cadence Design Systems. The software firm recently pleaded guilty to violating export controls by selling chip design technology to a Chinese military university during Tan's tenure. However, Trump changed his tone after meeting with Tan last week, and reports began emerging that the administration was considering taking a stake in the company. 'The meeting was a very interesting one. His success and rise is an amazing story,' Trump said in a post on Truth Social. 'Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week.'
