Washington Update

March 24th, 2022
By USCBC Government Affairs 
Long story short 

On Wednesday, USTR reinstated some of the Section 301 tariff exclusions that had expired. While this is a welcome move, many stakeholders, including USCBC, believe it does not go far enough to ease the burden on US companies, farmers, and consumers. Read more

This week, lawmakers continued to signal that a China bill conference will begin within the next few weeks. Some, including the administration, hope and expect that a version of the bill will pass this summer,...

March 17th, 2022
By USCBC Government Affairs
Long story short

Senator Bob Casey is working with Treasury to revise legislation for an outbound investment review mechanism following concerns raised by industry and other lawmakers. USCBC understands that the revisions aim to make the provisions more targeted and aligned with White House goals. Read more

Senate Finance Committee wants Biden’s Indo-Pacific Economic Framework to go further. Several members at Tuesday’s hearing called for a concrete and enforceable...

March 10th, 2022
By USCBC Government Affairs
Long story short

The way forward for a comprehensive China legislative package is still uncertain. While the Biden administration continues to push for quick passage in order to secure the bill’s semiconductor funding, the war in Ukraine—and perhaps to a greater extent, partisan divides—may delay a formal conference by at least a month. Read more

Commerce is warning Chinese companies not to defy economic restrictions on Russia. Commerce Secretary Gina Raimondo said this week that the...

March 3rd, 2022
By USCBC Government Affairs
Long story short President Biden highlighted rising tensions between autocracies and democracies during his State of the Union address. While most of the focus was on Russia, China is also on the other end of the ideological divide. Read more During the speech, he pushed for a speedy passage of the congressional China package and the Ocean Shipping Reform Act. Progress on the China bill has stalled as lawmakers work through the more controversial elements of the House and Senate versions,...
February 24th, 2022
By USCBC Government Affairs
Long story short

The White House released its annual reports on securing critical American supply chains shortly after President Biden announced major investments in the domestic rare earth industry. It appears the administration is continuing to use carrots, not sticks, to incentivize reshoring supply chains. Read more

The Justice Department announced it will end its China Initiative and will instead pursue a broader approach to countering Chinese threats. The anti-espionage program...

February 17th, 2022
By USCBC Government Affairs
Long story short

USTR says past China trade strategies have not addressed key issues. A new report calls for the creation of new trade tools in order to meet these challenges, though it is unclear what those new tools might be. Read more

The Biden administration released its Indo-Pacific strategy late last Friday and plans to launch its regional economic framework early this year. According to the administration, the blueprint is not meant to serve as a China strategy. Read more...

February 10th, 2022
By USCBC Government Affairs

Commerce adds 33 Chinese entities to its Unverified List

On Tuesday, the Commerce Department added 33 China-based companies to its Unverified List (UVL) because it was unable to verify the “legitimacy and reliability” of the entities through end-use checks. The 33 additions to the UVL are biotechnology, electronics, and optics companies, two Chinese universities’ mechanical and energy engineering departments, and a biotechnology laboratory. The UVL additions reflect the Biden...

February 3rd, 2022
By USCBC Government Affairs

House Democrats push forward on COMPETES without Republican support

This week, the House began consideration of the America COMPETES Act, House Democrats’ China package, just days after the 2,900-page bill was introduced. Like the Senate’s US Innovation and Competition Act (USICA), COMPETES includes funding for domestic research and innovation in key high-tech sectors. Though some elements touching on diplomatic, economic, and military aspects of the US-China relationship would change...

January 27th, 2022
By USCBC Government Affairs

House Democrats introduce America COMPETES Act

On Tuesday evening, House Democrats unveiled a comprehensive China bill—the America COMPETES Act—a step toward readying the bill to be conferenced with the Senate’s US Innovation and Competition Act (USICA). See here for the press release, bill text, section-by-section summary, and fact sheet on the House bill.

According to USCBC sources, lawmakers must submit amendments to the America COMPETES Act by the end of the week, setting...

January 20th, 2022
By USCBC Government Affairs

Forced labor task force to seek input on implementing ban on Xinjiang imports

On Thursday, the Department of Homeland Security (DHS) on behalf of the Forced Labor Enforcement Task Force released a federal register notice asking stakeholders for input on how the US government should implement the Uyghur Forced Labor Prevention Act, which starting in late June will ban any imports from Xinjiang unless the importer can prove its supply chain is free of forced labor. Comments will be...

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