Dr. Brandon Cochenour, an electrical engineer, and Dr. James Hing, a robotics engineer, will receive the Presidential Early Career Award for Scientists and Engineers (PECASE), the U.S. government’s highest honor for outstanding scientists and engineers beginning their independent careers, during a ceremony at the Daughters of the American Revolution Constitution Hall in Washington D.C. The White House confers on PECASE awards annually to name the nation’s most outstanding STEM professionals who show exceptional promise to advance science and technology.
The country’s senate passed the controversial bill earlier this month, and it was signed into law by President Emmanuel Macron this week. The bill places a 3 percent tax on technology firms that earn more than €750 million ($834 million) in global revenue and €25 million in France, and would target the revenue that those companies earn in the country. According to The Washington Post, that would affect nearly 30 companies around the world, not just firms from the United States.
The tariffs that President Donald Trump has slapped on Chinese imports haven't sparked the widespread return of manufacturers to the U.S. that Trump envisioned. About 41% of American companies are considering moving factories from China because of the trade war, or have already done so, but fewer than 6% are heading to the U.S., the American Chamber of Commerce in China said in a recent survey.
President Donald J. Trump has announced the 314 recipients of the Presidential Early Career Award for Scientists and Engineers, PECASE, 80 of whom the National Science Foundation nominated. PECASE is the highest honor bestowed by the United States government on outstanding scientists and engineers who are beginning their independent research careers and who show exceptional promise for leadership in science and technology.
There are a number of things - like Social Security, Medicare, healthcare, education and national defense - that require federal involvement - and digital technology is one of them. Not that the federal government ignores technology. Some would argue there’s already too much government “interference” with the technology markets and more than enough funding of technology initiatives. The call here is for an aggressively expanded federal agenda.
As part of the continuing trade negotiations, the issue of Huawei would be saved until the end of the trade talks, with President Trump saying, We’ll have to save that to the very end, we’ll have to see.” In other words, the question of lifting the ban on Huawei selling its products, which include smartphones, laptops and communications infrastructure technologies, to the U.S. has not been changed.
Ahead of a high-stakes meeting Saturday with Chinese President Xi Jinping, President Trump has expanded a new battle front with Beijing and other leading U.S. foes: a technology war.
Ivanka Trump and US Secretary of Commerce Wilbur Ross visited Charlotte on Tuesday as part of an effort to promote workforce development and future-focused manufacturing jobs.
“The technology war is not going to end,” Alastair Newton, director of Alavan Business Advisory and a former British diplomat, told CNBC’s “Squawk Box” on Wednesday. “Technology is where this battle is going to be fought out, even if we do get a trade deal on bilateral goods.”
President Trump and lawmakers are looking to begin a massive trillion-dollar overhaul of the nation’s infrastructure, but costs are top of mind as financing becomes a key source of debate. Democratic leaders said last week they reached an agreement with Trump for a $2 trillion infrastructure initiative. They are expected to meet again in the coming weeks to discuss funding options.