US President Donald Trump’s “gold card” visa, where a foreigner can shell out at least US$1 million to legally live and work in the US, has been approved for one person, said Commerce Secretary Howard Lutnick Thursday – appearing to fall a bit short of an earlier claim. After it launched in December, Lutnick said that the government had sold US$1.3 billion “worth” in just several days, as Trump stood by holding up the gilded ticket and said, “essentially it’s the green card on steroids.” Lutnick...
US Commerce Secretary Howard Lutnick sought to quell fears in Senate testimony on Wednesday that American technology was aiding China’s military, but drew scepticism given the US president’s willingness to sell advanced semiconductors. Lutnick asserted before the powerful Senate Appropriations Committee that US President Donald Trump was striking a “delicate balance” on the technology transfer issue given his cordial personal relationship with Chinese leader Xi Jinping, claiming that China has...