Washington Update

May 4th, 2023
By USCBC Government Affairs 
Long story short

Senate Majority Leader Chuck Schumer has tasked committee chairs to work with their Republican counterparts on a China-focused US competitiveness bill being dubbed “China Competition Bill 2.0.” And in a rare show of defiance, some Democrats joined Republicans in passing a resolution to repeal the Biden administration’s tariff moratorium on solar panels from South East Asia, which have been found to include products sourced from China. Read more

On Tuesday, the Select...

April 28th, 2023
By USCBC Government Affairs
Long story short

National Security Advisor Jake Sullivan outlined the Biden administration's international economic strategy and efforts to tackle challenges posed by China. Sullivan stressed the focus on de-risking and diversifying, rather than decoupling from China. Read more

The House approved a resolution to revoke the Biden administration's pause on solar tariffs from four Indo-Pacific countries. Its chances in the Senate are less certain, and President Biden...

April 21st, 2023
By USCBC Government Affairs
Long story short

Treasury Secretary Janet Yellen emphasized the potential for US-China economic collaboration while protecting national security interests in a speech at Johns Hopkins University. Yellen stressed the Biden administration's focus on investing in American infrastructure and clean energy, and urged China to cooperate on pressing issues. Read more

The House Ways and Means Trade Subcommittee discussed China trade, including the implications of revoking China’s Permanent...

April 14th, 2023
By USCBC Government Affairs 
Long story short

Treasury Undersecretary for International Affairs Jay Shambaugh struck a markedly softer tone on China this week, calling for deepening high-level contacts and maintaining economic relations. USCBC understands that Commerce Secretary Gina Raimondo is looking to travel to Beijing this year. Read more

China has sanctioned House Foreign Affairs Committee Chair Michael McCaul after he led a delegation to Taiwan and met with President Tsai Ing-wen last week. Taiwan...

April 6th, 2023
By USCBC Government Affairs 
Long story short

Taiwan President Tsai Ing-wen met with Speaker of the House Kevin McCarthy and a group of lawmakers on Wednesday. While the visit is certain to undermine US-China relations in the short term, the fallout has so far been mild compared to the last high-level engagement with Taiwan. Read more

With the House on recess until the Monday after next, some members of the Select Committee on the CCP visited California and Florida to broadcast their China concerns, which ranged...

March 31st, 2023
By USCBC Government Affairs 
Long story short

Taiwan President Tsai Ing-wen has begun the first of two US transits planned for the coming week. The move has prompted warnings from Beijing, which opposes the visits, particularly, the possibility that Tsai will meet with Speaker of the House Kevin McCarthy in Los Angeles next week. Read more

Senator Josh Hawley has introduced two China-related bills in recent days. He tried but failed to pass a bill to ban TikTok and, last week, introduced a proposal to revoke...

March 23rd, 2023
By USCBC Government Affairs
Long story short

TikTok CEO Shou Zi Chew defended the company’s data security measures and autonomy from the CCP in a congressional hearing yesterday. The company is facing an ultimatum from the White House, and multiple voices in Congress are calling for an outright ban regardless of whether the app is divested from its Chinese parent, ByteDance. Read more

On Tuesday, the Commerce Department released a proposed ruling that would restrict beneficiaries of CHIPS, its domestic...

March 16th, 2023
By USCBC Government Affairs 
Long story short

A US government report released Wednesday shows that US importers bore the brunt of the tariffs first imposed during the Trump administration. The report adds further research on the effect of Section 232 and 301 tariffs on the US economy. Read more

Last week, President Joe Biden unveiled his annual budget proposal for FY 2024. While the proposal would fund many of the administration's priorities in the Indo-Pacific, it is unlikely to gain traction in a divided...

March 9th, 2023
By USCBC Government Affairs 

A bill giving the administration the power to ban TikTok and other apps has gained support from the White House and key lawmakers on both sides of the aisle. The RESTRICT Act is emerging as the strongest of several proposals related to TikTok. Read more

According to reports yesterday, Taiwan President Tsai Ing-Wen will meet with Speaker of the House Kevin McCarthy on her way to visit allies in Latin America and the Caribbean. Earlier reports had suggested that McCarthy was planning...

March 2nd, 2023
By USCBC Government Affairs

The House Select Committee on the CCP’s inaugural hearing on Tuesday allowed its 24 members to outline their priorities. While there is bipartisan agreement to prioritize export controls, outbound investment, and Taiwan, the hearing revealed some differences in strategy between the committee’s Republican and Democratic members. Read more

The same day, the House Foreign Affairs Committee grilled Commerce Undersecretary for Industry and Security Alan Estevez on the effectiveness of the...

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