The Kissinger Institute on China and the United States director, in an article previewing U.S.-China relations in 2023, said that both countries don't want to admit they are in a cold war -- but they are.
Rep. Jason Smith, R-Mo., was chosen to be the House Ways and Means Committee chairman by the House Steering Committee, edging out Rep. Vern Buchanan, the Florida Republican who was considered the establishment choice.
Ahead of a meeting of the "Three Amigos" -- the presidents of the U.S. and Mexico and the prime minister of Canada -- Jan. 9-10, business groups that advocate for North American integration said during a Jan. 6 webinar that they're hoping to see more evidence of nearshoring and using North American resources to diversify away from China.
Japan and the U.S. need to coordinate investment in artificial intelligence, quantum computing and biotechnology at the same time they cooperate on export controls, according to Yasutoshi Nishimura, Japan's minister of economy, trade and industry. He spoke at the Center for Strategic and International Studies on Jan. 5.
The National Foreign Trade Council has hired John Pickel, a former trade director in the Department of Homeland Security's Office of Strategy, Policy and Plans, as senior director for international supply chain policy. Pickel also previously served as counselor to the CBP commissioner for trade facilitation and trade enforcement and as a congressional affairs staffer. “John brings a remarkable wealth of expertise and experience in a range of supply chain, trade facilitation and customs issues that are critically important to our member companies,” NFTC President Jake Colvin said.
Senate Finance Committee Chairman Ron Wyden, D-Ore., asked the Biden administration to offer more general licenses to Cuban small businesses so they can avoid the sanctions on Cuba. Wyden, who visited Cuba in late December, said he'll be talking with Senate colleagues about how to help the Cuban private sector grow. He said in a Jan. 4 press release that a stronger private sector could both lay the foundations for "fundamental political and economic reforms" in Cuba and reduce Cuban migration to the U.S. -- which was nearly 250,000 in 2022.
Rep. Steve Scalise, the House Majority Leader-elect, told his colleagues in a Dec. 30 letter that he plans to bring 11 pieces of legislation for a vote during the first two weeks of the 118th Congress, including a bill that would establish a Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party.
Rep. Ron Kind, D-Wis., one of the leading voices for free trade in the Democratic caucus, and Sen. Pat Toomey, R-Pa., a free-trade purist in the Republican caucus, issued a joint paper of recommendations on trade on Dec. 29, just before they were both leaving office.
Crowell attorneys in Brussels note that the new EU regulation that prohibits both export and import of certain commodities if they come from land that was recently deforested (see 2212070039) will affect more than high-risk countries such as Indonesia, Brazil or Ivory Coast.
On the last day of the current Congress, retiring Sen. Rob Portman, R-Ohio, introduced a bill that would ask the Commerce Department and the Office of the U.S. Trade Representative to analyze the economic integration between the U.S. and China in priority sectors, and the U.S. government's views of how that integration should change over the next five to 19 years.