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House Republicans spent their waning days in Washington before heading home to campaign promoting initiatives targeting economic cooperation with the Chinese.
Proposals include setting up a specialized trade prosecution task force in the Department of Justice, penalizing investment in the China, revoking Permanent Normal Trade Relations with Beijing, and singling out two display makers as Chinese military companies.
The deportation of millions of people from the United States, steeper tariffs, and the erosion of the Federal Reserve’s political independence may make, for some, compelling political speechery, but the economic consequences are daunting, according to a study released Thursday by the nonpartisian Peterson Institute for International Economics.
In response to requests from the public, The Departments of State and Commerce extended the comment period for their rule changes proposed 29 July impacting ITAR definitions of "defense services," and EAR restrictions on end user and Commerce Control List-based controls. Comments are now due by 15 October.
Four Commissioners from the bipartisan and bicameral Congressional-Executive Commission on China (CECC) released a letter to the trade representatives of the U.S., Canada, and Mexico, urging robust implementation of existing forced labor import prohibitions in the United States-Mexico-Canada Agreement (USMCA) and asking for greater cooperation to prevent goods denied in one country being re-exported to another within the USMCA.
AUKUS Defense ministers met in London Thursday to review the partnership and "reiterate their shared commitments for the decades to come," according to a readout of the conference.
On the sidelines of the 79th UN General Assembly, Secretary of State Antony Blinken hosted a Partnership for Global Infrastructure and Investment (PGII) Lobito Corridor Roundtable with key partners.
This high-level discussion advanced PGII’s flagship Lobito Corridor, aiming to develop trans-continental connectivity from the Atlantic to Indian Oceans.
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