January 24, 2025
Industry groups: Commerce rule on ICT alarmingly broad, excessively opaque
Industry groups fear a proposed rule issued by the Commerce Department last November gives the administration too much authority to block transactions involving foreign information and communications technology products and services -- and could have a chilling effect on business. Commerce issued an advanced notice of proposed rulemaking implementing a May 2019 executive order crafted to give the Commerce secretary broad authority to review transactions involving ICT products and services and block imports from “foreign adversaries” if they are found...
Not a subscriber?
Request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.