Rep. Tom Kean Jr., R-N.J., chairman of the House Foreign Affairs Subcommittee on Europe, said March 12 that he's drafting a “tough sanctions bill” to help reduce U.S. reliance on Russian state-owned company Rosatom for nuclear fuel.
The U.S. told the World Trade Organization's Committee on Safeguards about the start of its safeguard investigation on fine denier polyester staple fiber, the WTO announced this week. The U.S. opened the investigation on Feb. 28, telling parties that wish to participate to file an entry of appearance with the secretary to the International Trade Commission no later "than 21 days after publication of the notice of institution in the Federal Register."
To enhance U.S. and allied restrictions on dual-use exports, the Biden administration’s FY 2025 budget request, unveiled March 11, would provide $223 million for the Bureau of Industry and Security, up 17%, or $32 million, from the FY 2024 enacted level of $191 million, the Commerce Department said.
President Joe Biden signed into law March 9 an FY 2024 six-bill appropriations package that adds the agriculture secretary to the Committee on Foreign Investment in the U.S. to review agricultural transactions.
Shippers continued to press the Federal Maritime Commission on why it allowed carriers to bill Red Sea-related surcharges without a 30-day notice, saying during a March 6 meeting of the National Shipping Advisory Committee that carriers failed to justify those charges.
A bill to ban TikTok in the U.S. if China’s ByteDance doesn’t divest the popular social media app will head to the full House of Representatives for consideration this week, said House Majority Leader Steve Scalise, R-La.
Four House Republican Cuban-Americans urged the Biden administration March 8 to retain Cuba’s designation as a state sponsor of terrorism, saying the label and its accompanying sanctions remain warranted.
The House Energy and Commerce Committee voted 50-0 on March 7 to approve a bill that would ban TikTok in the U.S. if China’s ByteDance doesn't divest the popular social media application.
Senate Foreign Relations Committee Chairman Ben Cardin, D-Md., said March 7 that his panel could soon consider several bills, including Iran sanctions legislation.
A leading Senate critic of TikTok said March 6 that he has reservations about a new House bill that would ban the popular social media application in the U.S. if China’s ByteDance doesn't divest the platform.