Total 41 Posts
In recent Senate testimony, Commerce Secretary Gina Raimondo suggested that China objected to certain U.S. legislation because it would improve U.S. economic competitiveness. In reality, China's concerns with this legislation are more about how the legislation is framed around the "China threat" as well as other non-economic aspects
Two members of the U.S. House of Representatives have introduced a bill to bring manufacturing back to the Western hemisphere by providing incentives for manufacturers to leave China. While the future of the bill remains uncertain, some of its provisions push in novel directions and will likely raise both
Senator Bob Menendez (D-NJ), the Chairman of the Senate Foreign Relations Committee, introduced a bill at the end of April calling for both confrontation and competition with China.
Republican Senators Introduce Bill on SEC Requiring Reporting of Supply Chains Linked to Forced Labor
Six Republican Senators have introduced legislation that would "require the Securities and Exchange Commission to require reporting of sourcing and due diligence activities of companies involving supply chains of products that are imported into the United States that are directly linked to products utilizing forced labor from Xinjiang, China."
Recently, a bipartisan group of Senators introduced the China Trade Cheating Restitution Act to address an issue with the payment to domestic industries of certain anti-dumping duties collected on Chinese imports.
Newly introduced legislation in the U.S. House of Representatives would lead to targeted sanctions against China in the event it threatens Taiwan.
During a recent trip by Australian trade minister Dan Tehan to meet with his U.S. counterparts, Australia and the United States moved forward with plans that some commentators have characterized as designed to "counter China" on critical minerals.