Beijing, China

House Foreign Affairs Committee Considers More China Restrictions, This Time on Entire Sectors

The House Foreign Affairs Committee said in its hearing on U.S. capital flows to China military companies on Wednesday that it would push the full House to take up legislation that would restrict outbound investment to entire sectors of the Chinese economy.

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UFLPA De Minimis

Uyghur Forced Labor Law Faces Formidable Opponent With De Minimis Rule In Place, Homeland, Customs Tells House Hearing

The roughly two-year-old Uyghur Forced Labor Law (UFLPA) may be pushing a boulder uphill thanks in large part to the de minimis provision that allows for $800 of duty free shipments from around the world to enter the U.S. Those packages do not face the same scrutiny as those coming in from formal entry. Christa…

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Steel

Nippon Steel’s US Steel Corporation Offer Should Be Killed, CPA Board Member Bill Jones Believes. Here’s Why.

The world’s fourth largest steel producer – Nippon Steel of Japan – made an offer to buy the third largest steelmaker in the U.S., U.S. Steel Corporation, in an all cash purchase priced at $55 a share in December, nearly double the company’s share price from early August.

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