House Select Committee on China Chairman John Moolenaar, R-Mich., asked the Bureau of Industry and Security to brief his panel on how it's restricting China’s access to U.S. university supercomputers.
The Bureau of Industry needs better resources and technology, and the semiconductor industry needs better tracking tools, to prevent China from illegally receiving and accessing advanced chip technology, a researcher told a BIS advisory committee this week.
The Senate Banking Committee voted 13-11 along party lines March 6 to approve Washington trade lawyer Jeffrey Kessler to be undersecretary of commerce for industry and security, sending his nomination to the full Senate for its consideration.
China and Canada announced new retaliatory trade restrictions against the U.S. -- and Mexico announced plans to soon release its own set of countermeasures -- after President Donald Trump's administration on March 4 increased tariffs on goods from all three countries. Industry associations said the counter-duties could damage a range of American export industries, including shippers of agricultural products, spirits and other commercial goods.
Sen. Rick Scott, R-Fla., and Rep. Lance Gooden, R-Texas, reintroduced a bill last week that aims to counter China’s attempts to steal U.S. trade secrets and intellectual property. The legislation also seeks to protect U.S. critical infrastructure and supply chains from foreign investment.
The first few weeks of the new Trump administration have shown that there appears to be a “fair amount of continuity” from the Biden administration on certain China trade policies, including around export controls and outbound investment restrictions, a former Biden National Security Council official said.
The U.S. should consider strengthening export controls on technology that China needs for its aerospace industry, an aviation industry expert told a U.S. commission last week, but not so much that it risks decoupling the two nations’ aviation supply chains.
U.S. fashion brand owner PVH Group is working with Chinese authorities to find a “positive resolution” after being added to China’s so-called unreliable entity list this week (see 2502040011), a company spokesperson said in an email.
Moments after President Donald Trump’s 10% tariffs on all Chinese products took effect Feb. 4 (see 2502030034), China announced new tariffs and export controls against the U.S. and added two American companies to its so-called unreliable entity list, including one that it accused of adopting “discriminatory measures” when sourcing products from China's Xinjiang region.
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