President Donald Trump has vowed to impose new tariffs and export curbs on countries with digital taxes or regulations affecting American tech companies.

Responding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval.

Fresh from pouring his money and energies into helping Donald Trump win reelection, Elon Musk has trained his sights on Europe.