Simon Lester
U.S. Lawmakers Push for CFIUS Review of Roomba Acquisition
Congressmen Ritchie Torres (D-NY) and Zach Nunn (R-IA) sent a letter to Treasury Secretary Scott Bessent calling for an immediate national security review of the proposed acquisition of iRobot by a company with ties to China. iRobot is best known for its Roomba line of robotic vacuum cleaners.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
Starting in China, China and South Korea signed a sweeping package of government and private-sector agreements this week during a state visit by South Korean President Lee Jae-myung.
China's Ministry of Commerce (MOFCOM) announced that it will tighten export controls
FCC Drone Crackdown Focuses on Chinese Industry Leaders
In a move late last year, which was updated yesterday, the U.S. Federal Communications Commission (FCC) took action that will prevent the authorization of new imported drones, with Chinese industry leaders DJI and Autel Robotics to feel the biggest impact.
Trump Administration Orders Divestment By China-Linked Chip Company
The Trump administration ordered the divestment of an asset purchase involving a semiconductor company, on the basis that one of the founders of the purchasing company is a Chinese citizen. At this time, there are few public details on the specific security concerns the administration has about the deal.
As China Imposes Beef Safeguard Measures, U.S., Australia Request Consultations
After China notified the WTO's Safeguards Committee of a finding of serious injury or threat thereof to its domestic beef industry as part of a safeguards investigation, the U.S. and Australia pushed back with requests for consultations under the Safeguards Agreement.
Section 301 Investigation on Chinese Semiconductors Yields Affirmative Findings, But Tariffs Delayed
In late December, the U.S. Trade Representative's Office (USTR) quietly announced, without even issuing a press release, that it had determined that China's policies and practices in the semiconductor sector were unreasonable, and also burdened or restricted U.S. commerce, and that tariffs would be
Final Cambodia File Folders CVD Determination Finds Transnational Subsidies Exist
The U.S. Commerce Department's final determination in a countervailing duty case involving file folders from Cambodia has found that subsidies from the Government of China can be considered as part of the assessment of foreign subsidies.