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.
CBP reminded members of the trade community that starting March 1 the agency will require self-certification statements to be uploaded to the Automated Commercial Environment (ACE) for non-industrial diamonds with a weight of 1.0 carat or greater, diamond jewelry and unsorted diamonds, in a CSMS message on Feb. 29. The Office of Foreign Assets Control banned Russian diamonds of those types in February to comply with an executive order signed in December that prohibits the importation of diamonds, fish and seafood if they were produced "wholly or in part" in Russia, CBP said (see 2402080081 and 2312260061).
The chairman and ranking member of the House Select Committee on China asked the commerce secretary and the U.S. trade representative to use "all existing trade authorities" to hike tariffs on Chinese legacy chips, including those already incorporated into consumer goods, they said in an emailed news release.
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