Washington Update

May 17th, 2024
By USCBC Government Affairs
Long story short

The Biden administration on Tuesday announced it would maintain all existing Section 301 tariffs on Chinese imports and hike tariff rates on select categories. The Office of the US Trade Representative will release details on the new and apparently limited exclusions program next week, but it remains to be seen what will happen to existing tariff exclusions, which expire this month. Read more

The Bureau of Industry and Security added more than 30 firms to its export...

May 10th, 2024
By USCBC Government Affairs
Long story short

Secretary of State Antony Blinken on Monday unveiled the administration’s new cybersecurity implementation plan, a blueprint for securing digital infrastructure in the United States and abroad. The plan was released amid heightened concern about cyber threats from China. Read more

Lawmakers continued calling for the Office of the US Trade Representative to finalize its now two-year-old review of the Section 301 tariffs. Lawmakers on both sides of the aisle, including...

May 3rd, 2024
USCBC Government Affairs
Long story short

The Treasury Department and State Department on Wednesday announced new sanctions on Chinese and other entities. Secretary of State Antony Blinken raised the issue during his recent trip to China. Read more

Chair of the Select Committee on the CCP, John Moolenaar, shed light on his priorities, which do not deviate far from his predecessor, Mike Gallagher. One such item, the Biosecure Act, is expected to move ahead soon. Read more

The United States is opening...

April 26th, 2024
By USCBC Government Affairs
Long story short

Secretary of State Antony Blinken has wrapped up a three-day visit to China, where he met with President Xi Jinping, Foreign Minister Wang Yi, and others. While discussions touched on thorny issues, both sides reiterated their commitment to cooperation. Read more

The clock is now ticking for Bytedance to decide whether to divest its stake in TikTok or face being banned from US app stores under US law. Bytedance has nine months to a year to divest, but it remains to be...

April 19th, 2024
By USCBC Government Affairs
Long story short

With US Trade Representative Katherine Tai promising that the Section 301 review will be finalized soon, the White House revealed it is looking to triple tariffs on Chinese steel and aluminum. USTR is also investigating how China’s trade practices impact the American shipbuilding industry. Read more

The House could soon vote on a new and more popular bill to force Bytedance to divest its stake in TikTok. Senator Maria Cantwell, who had held up an earlier version in...

April 11th, 2024
By USCBC Government Affairs
Long story short

Treasury Secretary Janet Yellen concluded a visit to China on Tuesday. On the trip, Yellen and Chinese officials exchanged differing views on Chinese overcapacity and agreed on new cooperative economic initiatives. Read more

The United States and the European Union held the sixth ministerial meeting of the Trade and Technology Council. American officials reaffirmed a commitment to reaching alignment on TCC principles. Read more

US Trade Representative Katherine...

April 4th, 2024
By USCBC Government Affairs
Long story short

President Joe Biden and President Xi Jinping spoke over the phone on Tuesday. The call coincides with multiple other high-level engagements this week. Read more

The Senate is still mum on the TikTok bill. Senators continue to debate the best way forward for the Protecting Americans from Foreign Adversary Controlled Applications Act. Read more

The Bureau of Industry and Security introduced a “clean-up” rule, amending its proposed semiconductor export controls....

March 28th, 2024
By USCBC Government Affairs
Long story short

Representative John Moolenaar will replace Mike Gallagher as chair of the House Select Committee on the CCP in mid-April. Moolenaar’s priorities on the committee are not well documented, but he is expected to take up Gallagher’s role of pushing for committees of jurisdiction to pass the select committee’s proposals into law. Read more

On Monday, the Treasury Department added Wuhan XRZ and two Chinese individuals to the SDN list for cyberespionage. In addition, the...

March 22nd, 2024
By USCBC Government Affairs

Shortly after the publication of this Washington Update, House Select Committee on the CCP Chairman Mike Gallagher (R-WI) announced that he will be leaving Congress on April 19. Gallagher had previously reported that he would not seek reelection in November. Several details are currently unknown including the reason for Gallagher’s early departure and who will take over as chairman of the select committee once he leaves. We will cover Gallagher's departure in more detail next week.

Long...
March 14th, 2024
By USCBC Government Affairs
Long story short

A bill that would force the divestment of TikTok from Bytedance has passed the House, but its fate in the Senate is less certain. Senate Majority Leader Chuck Schumer has not taken a position on the proposal. Read more

President Joe Biden’s 2025 budget request prioritizes the Indo-Pacific. “The non-binding proposal requests for billions to go toward strengthening the United States military and economic posturing in the region.” Read more

Secretary of Commerce...

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