Commerce Secretary Gina Raimondo says Donald Trump is a president-elect who for all of his aggressive talk is afraid to let America compete with the rest of the world, responding instead with tariffs and curtailing immigration.

"Marketplace" host Kai Ryssdal does an "exit interview" with Commerce Secretary Gina Raimondo. They talk AI, tariffs and more.

President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters. In September,

Biden's final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.

As part of a crackdown on vehicle software and hardware from China, the Biden Administration has finalized its rules for banning Chinese EVs in the US market.

The world's major powers are locked into an artificial intelligence arms race. But new rules announced by the White House on Monday seek to guarantee American supremacy in that race.

The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.

A bipartisan group of lawmakers called on the Biden administration to consider restricting the export of U.S. biotechnology to the Chinese military, citing concerns Beijing could weaponize it to create more toxic pathogens.

The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.

The US unveiled a fresh round of regulations aimed at keeping advanced chips produced by Taiwan Semiconductor Manufacturing Co. and other companies from making their way to China, one last attempt by the Biden administration to fill holes in the tech blockade of its geopolitical rival.

Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis".

In a conversation about its Chinese competitors with the host of the Fully Charged Podcast, Robert Llewellyn, he admitted that his daily driver was a car made by one of Ford's Chinese competitors: an EV by consumer electronics giant Xiaomi called the SU7.