The U.K. extended the antidumping and countervailing duties on folding e-bikes from China for another five years, so they are applied until January 2029, the Department for International Trade announced. The department chose to extend the duties only on folding e-bikes, despite the original duties applying to all e-bikes from China. The antidumping duties range from 10.3% to 70.1%, and include a 62.1% margin for all non-individually examined exporters. The countervailing duties range from 3.9% to 17.2%, and include a 17.2% rate for all non-individually examined exporters.
The State Department approved a possible $1 billion military sale to Kuwait, the Defense Security Cooperation Agency said last week. The sale includes various design and construction services for military bases, including the Mohammed Al Ahmed Naval Base, which the Kuwait government has requested to buy services to support the procurement of maritime and land facilities for. The principal contractors haven't yet been determined.
Authorities in the Dominican Republic seized an aircraft used by sanctioned Venezuelan state-owned oil and natural gas company Petroleos de Venezuela (PdVSA) at the request of the U.S. government due to alleged sanctions and export control violations, DOJ announced.
The House Select Committee on China is getting six new members -- four Republicans, two Democrats -- in the new 119th Congress, lawmakers announced last week. The Republicans are Reps. Gus Bilirakis of Florida, Young Kim of California, Nathaniel Moran of Texas and Zach Nunn of Iowa. The Democrats are Reps. Greg Stanton of Arizona and Jill Tokuda of Hawaii. Reps. John Moolenaar, R-Mich., and Raja Krishnamoorthi, D-Ill., have been reappointed chairman and ranking member, respectively.
Japan-based Nippon Steel Corp. is abandoning its plan to purchase U.S. Steel and is instead hoping to make a “big investment” in the American company, President Donald Trump said during a Feb. 7 press conference.
A new executive order signed last week by President Donald Trump authorizes sanctions against people and entities linked to the International Criminal Court, including ICC officials, employees and their relatives. Trump signed the order in response to the ICC’s investigation of the Israeli military for war crimes in Gaza, including its issuance of arrest warrants for Israeli Prime Minister Benjamin Netanyahu and other officials.
The U.S. National Science Foundation is seeking public comments as it develops an “action plan” on artificial intelligence development. The request for information, issued on behalf of the White House Office of Science and Technology Policy, will help “define the priority policy actions needed to sustain and enhance America's AI dominance” and remove “unnecessarily burdensome requirements” that hinder AI innovation. It specifically asks for feedback on AI “innovation and competition, intellectual property, procurement, international collaboration, and export controls,” among other areas. Comments are due March 15.
U.S. export controls on computing chips and chipmaking equipment are more likely to slow China's advances in artificial intelligence than in military modernization, a researcher said during a Feb. 6 hearing of the congressionally mandated U.S.-China Economic and Security Review Commission.
The U.S. should consider strengthening export controls on technology that China needs for its aerospace industry, an aviation industry expert told a U.S. commission last week, but not so much that it risks decoupling the two nations’ aviation supply chains.
The Treasury Department is expected in the near future to provide its input on legislation that lawmakers plan to propose again to restrict U.S. outbound investment in China, Rep. Andy Barr, R-Ky., said Feb. 7.