The Commerce Department on Thursday issued a new round of export controls on advanced quantum, semiconductor and additive manufacturing technologies that includes a novel license exception for countries deemed to have comparable controls.
The Chinese government is adding Canada to the growing list of countries it is challenging at the World Trade Organization in defense of its electric vehicle industry, accusing Ottawa on Friday of imposing “protectionist” measures that violate WTO rules.
The Commerce Department on Thursday issued a new round of export controls on advanced quantum, semiconductor and additive manufacturing technologies that includes a novel license exception for countries deemed to have comparable controls.
All export license applications for products destined to China should be considered under the presumption of denial, Sen. Marco Rubio (R-FL) told Commerce Secretary Gina Raimondo on Tuesday, citing China’s ability to avoid U.S. export controls on advanced semiconductors.
The Office of the U.S. Trade Representative’s final decisions on new tariffs on goods from China will be announced “in the coming days,” the agency said on Friday, confirming another delay.
Beijing’s focus on expanding artificial intelligence capabilities is closing the performance gap with the U.S. and could allow China to surpass the U.S. and become the global AI leader, according to a new report that also cautions against relying on strict export controls to prevent China’s advancement.
Divergent ways of addressing China trade could serve to undermine U.S. efforts to forge joint security and economic strategies, and their underpinnings to technology development, with the European Union, warn two Peterson Institute for International Economics in a new analysis of the changing relationships among the world’s three largest traders.
U.S. Trade Representative Katherine Tai and Canadian Trade Minister Mary Ng are touting a unified approach to countering China as Canada prepares to impose tariffs on Chinese-made electric vehicles, steel and aluminum.
The U.S. and Chinese officials will gather in China next week for the second meeting of the bilateral Commercial Issues Working Group, according to a Chinese Ministry of Commerce spokesperson.