The announcement came a day after the U.S Department of Commerce’s Bureau of Industry and Security (BIS) unveiled a package of rules designed to further impair China’s capability to produce advanced-node semiconductors that can be used in the next generation of advanced weapon systems and in...
USCBC's regular publications and special reports provide the American business community with leading information and analysis on China's trade and investment environment and on key political issues on both sides of the Pacific that directly affe...
On December 2, 2024, the U.S. Commerce Department, Bureau of Industry and Security (“BIS”) issued an interim final rule,Foreign-Produced Direct Product Rule Additions, and Refinements to Controls for Advanced Computing and Semiconductor Manufactu...
Wang Wenbin, a spokesperson for China's Foreign Ministry, also expressed his opposition to the US's latest action at a briefing on Tuesday, demanding the US immediately correct the wrong practice of politicizing, instrumentalizing and weaponizing economic, trade and technological issues under the gu...
Moreover, companies may benefit from keeping track of the Ministry of Trade, Industry and Energy (the “MOTIE”)’s future comments and instructions, as the MOTIE has stated that it will meticulously review US export control regulations to minimize their impact on Korean businesses. The MOTIE al...
WASHINGTON—October 11, 2024—The US-China Business Council (USCBC), a private, nonpartisan, nonprofit trade organization of more than 270 American companies that do business in China, urged the Commerce Department to take a focused a...
The US Commerce Department has submitted draft recommendations to the White House on its investigation into whether to impose tariffs of up to 25 percent on imported cars and parts on national security grounds, two administration officials said. The “Section 232” recommendations on national security...
Also at the discussion, Stefan Selig, former under-secretary of commerce for international trade, said Raimondo's visit is about building relationships that don't currently exist. The investment banker said success came from building those relationships that were fundamentally underpinned by trust and ...
Office of the U.S. Trade Representative on 23 December launched a Section 301 investigation on mainland China’s acts, policies and practices related to “targeting of the semiconductor industry for dominance.” This investigation could lead to the imposition of additional tariffs or other trade.....
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