China suggested this week it will allow its officials to carry out routine talks and other activities with new Secretary of State Marco Rubio despite the fact that Rubio was sanctioned by Beijing in 2020. China will ”firmly defend national interests,” a Foreign Ministry spokesperson said during a Jan. 21 press conference in Beijing, according to a translated transcript provided by the Chinese Embassy in Washington. “In the meantime, it's necessary for high-level Chinese and American officials to maintain contact in an appropriate way.”
Beijing pushed back this week against recent U.S. sanctions on a Chinese national and cybersecurity company for their roles in hacking the U.S. government and American telecommunications companies (see 2501170072), saying the measures are an “abuse of sanctions against China.”
President Donald Trump this week revoked an order from former President Joe Biden that had removed Cuba from the State Department's state sponsors of terrorism list (see 2501140080 and 2501170021). Biden’s order, issued during his final days in office, was one of multiple “harmful” executive actions that Trump rescinded on his first day back as president on Jan. 20, the White House said. The move is expected to reimpose certain export restrictions on shipments of certain arms and dual-use items to the island, along with other trade prohibitions and restrictions.
The U.S. will impose more sanctions against Russia if Russian President Vladimir Putin doesn't move quickly to negotiate a deal that will end its war against Ukraine, President Donald Trump posted Jan. 22 on Truth Social.
President Donald Trump and lawmakers should carry out a “comprehensive” review of past U.S. technology and investment restrictions involving semiconductors, including the range of recent export controls over advanced chips and related equipment that resulted from the Biden administration’s “small yard, high fence” strategy, the chip industry said.
The chairman of the House Select Committee on China said Jan. 22 that the U.S. should take a harder line against China's aggressive policies on trade, investment and other matters.
Jeremy Pelter will serve as the acting Commerce Department secretary and David Lebryk will serve as the acting Treasury Department secretary as nominees Howard Luntnick and Scott Bessent, respectively, look to be confirmed for those roles by the Senate, according to the White House. Pelter previously served as acting undersecretary for the Bureau of Industry and Security when President Joe Biden first took office in 2021 2101290059 and 2109080062). Lebryk previously served as Treasury’s fiscal assistant secretary.
President Donald Trump has chosen Louis Sola to chair the Federal Maritime Commission, the White House announced. Sola, previously an FMC commissioner, replaces Daniel Maffei, who is now listed as an FMC commissioner on the FMC’s website. Maffei chaired the FMC as it worked to implement a range of rulemakings as part of the Ocean Shipping Reform Act of 2022, including new rules governing unreasonable carrier conduct (see 2407220019) and detention and demurrage billing requirements (see 2402230049).
The EU has requested consultations at the World Trade Organization as the first step in contesting Chinese practices pertaining to intellectual property rights, the European Commission announced on Jan. 19. The commission alleged that China has "empowered its courts to set binding worldwide royalty rates for EU standard essential patents, without the consent of the patent owner."
The EU and Malaysia announced the relaunch of negotiations on an EU-Malaysia free trade agreement, European Commission President Ursula von der Leyen said in a statement. The commission president said the deal will look to broaden the almost $47 billion trading relationship between the two entities, "especially for industrial products." The deal also will look to strengthen the partnership on "labour rights and climate and environmental protection," the statement said.