US lawmakers seek to undercut Chinese AI and tech sales abroad
Published on: May 19, 2026, 11:49 p.m. | Source: The Economic Times
The legislation, sponsored by Democrat Jeanne Shaheen of New Hampshire and Republican Pete Ricketts of Nebraska, would create an office within the State Department to subsidize purchases by allied governments of American technology and streamline the procurement process. If passed, a fund worth $500 million would be created to help finance the program.
