Last Friday, the Biden Administration said that it would be taking "new actions to enforce our laws and protect American consumers, workers, and businesses by addressing the significant increased abuse of the de minimis exemption, in particular China-founded e-commerce platforms, and strengthening efforts to target and block shipments that

Over the course of the two-day meeting between Chinese Foreign Minister Wang Yi and U.S. National Security Adviser Jake Sullivan this week, discussions centered on mutual sanctions, but no consensus was reached, suggesting that the impasse may persist for some time.

This week, the Biden administration announced the imposition of tariffs on imported Mexican steel and aluminum, with the target mainly being Chinese inputs into these products.

At a Council on Foreign Relations event today, Under Secretary of the Treasury for International Affairs Jay Shambaugh offered comments on "Chinese Overcapacity and the Global Economy."

At a think tank event this week, two Biden administration officials offered views on AI competition with China and export controls being used in conjunction with this.

A proposed rule issued by the U.S. Treasury Department provides additional details on an Executive Order issued by President Biden last year relating to U.S. investment in China in several sectors with a close connection to the development of military technology.

In a speech to the Economic Club of New York last week, Treasury Secretary Janet Yellen reiterated that she is not in favor "decoupling" from China, but that China's high savings and overcapacity are a problem for the Biden administration.