Sens. Marsha Blackburn (R-TN) and Jon Ossoff (D-GA) on Thursday introduced a bill to reform customs rules by establishing a blacklist for repeat trade offenders that would be denied access to de minimis benefits.
December 7, 2024
World Trade Online
Four senators have introduced a bill that would “empower” the president to negotiate sectoral agreements focused on critical minerals and rare earths elements to help avoid supply chain disruptions and reduce U.S. dependence on China.
New export controls levied on China by the Bureau of Industry and Security are riddled with loopholes, House Select Committee on the Chinese Communist Party Chair John Moolenaar (R-MI) charged this week, claiming the agency crafted the measures to “purposefully” help Chinese companies.
The Federal Maritime Commission has opened an investigation into reports that Spain has denied ships sailing from the U.S. entry to its ports in a way that hinders trade and could violate U.S. shipping law.
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The Mexican government is determined to allay U.S. concerns – whether about immigration, drug trade or China – to protect its trade agreement with Washington, says Mexican Deputy Secretary for International Trade Luis Rosendo Gutiérrez Romano, who is hopeful the incoming U.S. administration will recognize how Mexico can partner with the U.S. to boost regional competitiveness.
The Commerce Department on Thursday unveiled tweaks to a nearly four-year old interim final rule that laid out a process for blocking imports of information and communications technology and services from foreign adversaries, such as China.