During Tuesday night’s vice presidential debate, Senator JD Vance (R-OH) and Minnesota Governor Tim Walz unpacked their respective economic platforms, both emphasizing the need to invest in the US economy and compete with China, but in different ways.
The Department of Commerce on Thursday issued a notice of proposed rulemaking that would prohibit the import or sale in the United States of connected vehicles (CVs) with certain software or hardware designed, manufactured, or developed in China. With most newly modeled cars incorporating some internet-connected system, this rule would effectively ban all Chinese cars from entering the US market.
The Biden administration’s announcement of a new rulemaking process to limit the ability of Chinese products under $800 to enter the United States duty-free under the de minimis provision has breathed new life into congressional deliberations on the issue.
The Biden administration announced today that it would be taking new actions to limit use of the de minimis provision, a trade rule that allows shipments under $800 to enter the United States tariff-free.
National Security Advisor Jake Sullivan traveled to China this week for meetings with senior Chinese officials, including President Xi Jinping and Foreign Minister Wang Yi. Xi underscored to Sullivan the importance of navigating the bilateral relationship with “solidarity and coordination” instead of “exclusion or regress” during their Thursday meeting in Beijing.
Chair of the Select Committee on the CCP John Moolenaar (R-MI) and Ranking Member Raja Krishnamoorthi (D-IL) on Monday sent a letter to US Food and Drug Administration (FDA) Commissioner Robert Califf urging the agency to more proactively regulate US biotech activities in China.
Treasury Department officials are holding talks with their Chinese counterparts in Shanghai this week during the fifth meeting of the Financial Working Group. Treasury Assistant Secretary for International Finance Brent Neiman is leading the US delegation, with People’s Bank of China Deputy Governor Xuan Changneng leading on the Chinese side.
The Commerce Department reportedly plans to propose a ban on high-level Chinese software in autonomous and connected vehicles. The proposed rule, which is expected to be unveiled in the coming weeks, would bar Chinese software in US vehicles with Level 3 automation or higher, as well as ban vehicles with Chinese-developed advanced wireless communications abilities modules.
The Commerce Department’s Bureau of Industry and Security (BIS) on Monday released two notices of proposed rulemaking on military and intelligence end uses and users and crime controls. The rules are the largest expansion of US export controls since the system was overhauled in 2018.
