Washington Update

June 21st, 2024
By USCBC Government Affairs
Long story short

The House and Senate are making progress on their respective versions of the National Defense Authorization Act for Fiscal Year 2025. The House version does not include certain closely watched amendments like the BIOSECURE Act, but the unreleased Senate version may include such provisions. Read more

Multiple departments of the federal government announced new sanctions on Chinese entities. For the most part, these actions are a continuation of US policy to restrict...

June 7th, 2024
By USCBC Government Affairs
Long story short

President Joe Biden this week continued to defend Section 301 tariff hikes and is expected to seek alignment on China trade policy with EU leaders in the coming weeks. USCBC’s call for comments from our members on the proposed tariff increases and exclusion mechanism is open until June 14. Read more

The House Select Committee on the CCP has ramped up its work in recent days. The committee published new letters to the leadership of the Treasury, the FBI, and the...

May 31st, 2024
By USCBC Government Affairs
Long story short

The Office of the US Trade Representative last Friday confirmed it would only extend the majority of existing Section 301 tariff exclusions for another two weeks. USCBC will submit comments on forthcoming tariff hikes and the proposed new and more limited tariff exclusions process—input from USCBC members is much appreciated. Read more

Two congressional delegations traveled to Taiwan this week in their show of support around President Lai Ching-te’s inauguration....

May 24th, 2024
By USCBC Government Affairs
Long story short

The Office of the US Trade Representative has released more information on its forthcoming Section 301 tariff exclusions process, following the announcement of additional tariff hikes on select categories last week. A decision on the existing exclusions is expected imminently, and USCBC will solicit member comments on these items. Read more

China surfaced as a topic of discussion in House committees’ budget discussions this week. Secretary of State Antony Blinken...

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...

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