If your Mac has only one port like this, it's a MacBook that supports USB-C but not Thunderbolt. If you have a device that doesn't connect to this port, you might be able to use an adapter to connect it.
It was updated in May 2020 with new processors. The MacBook Pro 13-inch is the 13-inch model for those who want the Touch Bar as well as more Thunderbolt 3 ports on the higher two models (of four).
