Asia Society think tank experts, in an analysis of President Donald Trump's visit in Malaysia, Japan and Korea, called the trip very successful.
The Federal Communications Commission voted Oct. 28 to “close loopholes” in its restrictions on imports of telecommunications equipment by establishing a process to prohibit imports of previously authorized devices that were subsequently added to the commission’s Covered List of devices that threaten national security, it said in a news release.
Think tank and academic experts say that China and the U.S. are misinterpreting both sides' actions and the other country's vulnerability to the trade war, and that may extend the battles.
Nicholas Burns, a career diplomat who served as ambassador to China in the Biden administration, told the Atlantic Council that while the Trump administration may have miscalculated "that China didn't have real weight to throw around," he also thinks President Donald Trump has been right to be "tough-minded" on China's economic policies.
China’s recently issued rare earth export controls were likely a response to the Commerce Department’s 50% rule for the Entity List and highlighted the ongoing communication issues between the two sides, said David Sacks, the White House’s AI policy adviser.
The increase in U.S. tariffs enacted by the Trump administration is likely to persist "for several more administrations," according to former White House Trade Adviser Kelly Ann Shaw.
The Drug Enforcement Administration is temporarily adding seven synthetic benzimidazole-opioid substances -- ethyleneoxynitazene, methylenedioxynitazene, 5-methyl etodesnitazene, N -desethyl etonitazene, N -desethyl protonitazene, N,N -dimethylamino etonitazene, and N -pyrrolidino isotonitazene etonitazene -- to Schedule I of the Controlled Substances Act, it said in a notice. The listing takes effect Oct. 15, and will be in effect for up to three years.
President Donald Trump is suspicious of continuing a free-trade agreement with Canada and Mexico, according to a person who was a top trade official during the president's first term.
The addition of caustic soda as a high priority sector for forced labor enforcement through the Uyghur Forced Labor Prevention Act represents an entirely new compliance challenge for importers because of its ubiquity and difficulty to trace, according to an Oct. 6 report by risk intelligence firm Kharon.
A new report from Rethink Trade, an anti-corporate trade nonprofit, says that while the USMCA's Rapid Response mechanism has helped tens of thousands of workers in Mexico, unions and Rethink Trade will push for changes to the mechanism in the USMCA review.