Trump said on social media that the new department would be created on his first day when he takes office on January 20.
Regulations would restrict access to AI chips for gaming and AI products and data centres in 120 countries.
Exports rose 10.7 percent in 2024, beating economists’ forecasts, customs data shows.
Meeting between India’s foreign secretary and the Taliban this week has prompted speculation.
After a four-year-long border standoff, India and China arrived at a detente in October. But can it survive Trump?
Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.
Visit by Canada’s foreign affairs and finance ministers comes as country hopes to avoid 25-percent US tariffs.
Jose Raul Mulino rejects prospect of talks with Donald Trump, who threatened US could retake control of Panama Canal.
Experts say 25-percent US tariffs along with retaliatory measures by Canada would hurt economies of both countries.
The Panama government has controlled the canal since 1999, based on a treaty signed with the US in 1977.
Economic issues, particularly living costs, were front and centre in 2024 as some 2 billion people went to the polls.
EU spokesman says 27-nation bloc, which already buys most US oil and gas exports, open to talks with president-elect.
Geopolitical tensions, climate change and technology are changing the way goods and services are moved across borders.
Chrystia Freeland cites Canadian government’s response to Donald Trump’s US tariff threats in resignation letter.
