U.S. Commerce Department Charges Chinese Company With Violating U.S. Export Controls Related To Shipments To Iran
The Commerce Department's Bureau of Industry and Security (BIS) has charged a Chinese technology company with violating U.S. sanctions on Iran.
Bipartisan Group of U.S. Senators Requests Commerce Secretary Put YMTC on Entity List
A bipartisan group of Senators has sent a letter to Commerce Secretary Gina Raimondo expressing concern about the threat posed by Chinese semiconductor companies such as Yangtze Memory Technologies Corp (YMTC).
Rubio Presses Further on Blocking Retirement Fund Investments in China
Senator Marco Rubio (R-FL) sent a letter to the Chairman of the Federal Retirement Thrift Investment Board (FRTIB), Michael Gerber, as part of his continued push to keep U.S. federal retirement savings from being invested in certain companies in China.
China To Lower Tariffs on More Goods from LDCs
The Chinese government announced that it will lower tariffs on more imports from 16 least developed countries, effective on September 1.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* China's new Anti-Monopoly Law and Government Procurement Law
* Allowing fruit imports from Ecuador and Vietnam, and lowering tariffs for Afghanistan
* Suspending some trade with Taiwan in response to Nancy Pelosi's visit
In the U.S.
China Allows More Fruit Imports
China's Customs recently announced that it will allow fresh durian from Vietnam and dragon fruit from Ecuador.
U.S. Department of Homeland Security Announces Publication of Uyghur Forced Labor Entity List, Details for Revisions
A U.S. Department of Homeland Security (DHS) notice that was published today sets out a list of entities subject to a rebuttable presumption that the goods they mine, produce, or manufacture are made with forced labor. Unless the presumption is rebutted, the goods would be prohibited from importation into