The House Ways and Means Subcommittee on Trade heard from witnesses on forced labor practices worldwide, and whether or not current measures are putting a dent in it or not.
The House Foreign Affairs Committee on Tuesday heard from witnesses on what “working with allies” on China really entails. First, a focus on soft power in Indo-Pacific, which means funding development projects there. Second, a reminder that a weak, China-dependent Europe makes it harder for them to join forces with Washington.
Both houses of Congress have bills that have passed committees, easily, in regard to building domestic supply of personal protective equipment for medical staff. These bills need to hit the floor so President Biden can sign them. But, more importantly, Buy American provisions face serious WTO risk, making all of this action moot.
The Biden Administration warned American businesses of sanctions risk and other problems in doing business with Hong Kong, now officially part of China. Washington now needs to get Hong Kong out of the WTO’s Government Procurement Agreement, which essentially grants China backdoor entrance to Buy America provisions.
A Senate Commerce hearing on supply chain resilience praises the U.S. Innovation and Competition Act, but forgets that there is a trade provision in that act that actually does harm to any plans to diversify supply out of China.
Financial backers of China companies involved in unreasonable surveillance, and Uyghur genocide, put on notice in State Department’s newest Xinjiang Supply Chain Business Advisory.
American investors in Didi and Full Truck Alliance lose over 20% of their investment as Wall Street firms like Goldman Sachs collect their fees selling
From the environment to labor, the International Trade Commission looks at a compendium of academic literature over a roughly 18-year period to gauge whether agreements like NAFTA and KORUS were good deals. And for whom.