Washington Update

March 25th, 2021
By USCBC Government Affairs

Biden talks competition with China, seemingly endorsing pending Schumer bill 

President Joe Biden appeared to signal support for Senate Majority Leader Chuck Schumer’s (D-NY) pending China legislation at his first press conference on Thursday, saying that the United States will thwart China’s “overall goal” to become the wealthiest and most powerful country in the world, because the United States will continue to “grow and expand.” Biden described the US competition with China as a...

March 19th, 2021
By USCBC Government Affairs

Tensions high in Alaska talks with focus on strategic issues

Senior officials from the United States and China met on Thursday for their first official face-to-face meeting since the Biden administration took office. US National Security Advisor Jake Sullivan and Secretary of State Tony Blinken met Director of the CCP Central Foreign Affairs Commission Yang Jiechi and State Councilor Wang Yi in Alaska where they publicly delivered opening remarks before privately diving into...

March 11th, 2021
By USCBC Government Affairs

Senior US-China meeting set for next week

On Wednesday, the State Department announced that Secretary of State Tony Blinken and National Security Advisor Jake Sullivan would meet with Chinese counterparts Wang Yi and Yang Jiechi in Anchorage, Alaska next Thursday, March 18. The meeting will come just days after Blinken and Defense Secretary Lloyd Austin travel to Japan and South Korea for several meetings with their counterparts. The State Department has not provided details on the...

March 4th, 2021
By USCBC Government Affairs

USTR releases Biden’s 2021 Trade Agenda

The Office of the United States Trade Representative (USTR) published President Biden’s 2021 Trade Agenda and 2020 Annual Trade Report on Monday. Biden’s agenda underscores the importance of a comprehensive strategy to address China’s coercive and unfair economic trade practices. It also mentions the importance of domestic investment in US innovation to compete with China’s economy and expand American companies’ access to global markets. It...