The Republican tax bill is a “stake in the heart” for domestic solar manufacturing that will allow China to dominate the industry, the Senate Finance Committee’s ranking member said on Tuesday, decrying GOP efforts to gut clean energy incentives established by the Inflation Reduction Act.
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G7 country leaders on Tuesday wrapped up a two-day leaders’ summit in western Canada by issuing a host of joint statements including one on critical minerals, launching an action plan aimed at diversifying supply.
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House lawmakers on Thursday pressed Commerce Under Secretary for Industry and Security Jeffrey Kessler on his role in U.S.-China trade talks and whether his participation meant the Trump administration was putting export controls on the table in negotiations.
The U.S. is prioritizing pushing back against foreign digital services taxes as part of its trade negotiations, Treasury Secretary Scott Bessent told the House Ways & Means Committee on Wednesday.
The House on Monday passed several maritime security bills aimed at limiting China’s involvement at U.S. ports, including by barring Chinese state-owned enterprises from managing U.S. ports and reducing the use of Chinese-built cranes.
The U.S. must overhaul its approach to supply chain resiliency to compete with China, industry analysts and former officials told a congressional advisory panel, suggesting a new senior-level position tasked with coordinating supply chain diversification efforts and the creation of a public-private data sharing mechanism.
The Court of International Trade will move forward with a challenge to President Trump’s termination of the de minimis duty-free entry program for Chinese shipments valued at $800 or less after it refused the Justice Department’s call to freeze the case during broader litigation over tariffs on China and other U.S. trading partners.
A now-stayed Court of International Trade decision overturning President Trump’s International Economic Emergency Powers Act tariffs would also mandate that the administration reinstate de minimis duty-free entry for shipments from China worth $800 or less, according to the Justice Department.