The time has come to “take off the golden blindfolds and open our eyes to the risks in China,” the head of the House Select Committee on the Chinese Communist Party declared at an evening hearing May 17. Committee Chairman Rep. Mike Gallagher (R-Wisc) said that while a total economic decoupling from China is not possible, his panel will come up with policy recommendations for a “strategic derisking.”

In a flurry of activity by the recently established Disruptive Technology Strike Force, the Justice Department has publicized the indictment of individuals in five distinct cases, originating from five separate U.S. Attorney's offices. This marks the first enforcement actions taken by the Strike Force since its inception.

The United States, backed by the G7 and other international allies, is ramping up worldwide sanctions and restrictive economic measures to further hinder Russia's warfighting capabilities. Commerce, Treasury and the State Department issued separate and joint actions and rules reaching from icebreakers to rubber, with a primary focus on Russia's extractive and weaponry industries.

The Administration, Congress and the US business community remain sharply focused on China, as Beijing takes the first tentative steps towards reopening dialogue with Washington.

The saga of export enforcement actions against Iran’s first private airline continues with the May 5 renewal of the temporary denial order (TDO) against Mahan Airways and associated persons first issued in March 2008.     As the Russian commercial fleet seeks maintenance and repair resources for its western fleet, Mahan's expertise in dodging sanctions is highly sought.

The U.S. Department of Commerce has proposed a series of changes to its antidumping duty (AD) and countervailing duty (CVD) regulations in a bid to strengthen enforcement of trade remedy laws. …

The Asian Development Bank (ADB) has announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a groundbreaking program that could significantly boost support for the region in its fight against climate change. ADB President Masatsugu Asakawa revealed the initiative at ADB's 56th Annual Meeting in Incheon, South Korea.

The former Chair of Harvard University's Chemistry and Chemical Biology Department, was sentenced in federal court in Boston today for lying to federal authorities about his affiliation with China's Thousand Talents Program and Wuhan University of Technology (WUT), as well as failing to report income he received from WUT.

Senate Democrats, led by Senate Leader Chuck Schumer (D-NY), announced on Wednesday their plans to draft a comprehensive bipartisan legislative package aimed at helping the United States better compete with China. The package is expected to build upon the CHIPS and Science Act's domestic manufacturing investment and integrate various China competitiveness provisions from the Senate-passed CHIPS legislation.

The Commerce Department reported that the US trade deficit shrank to $64.2 billion in March, down $6.4 billion from $70.6 billion in February. March's figures saw exports climb to $256.2 billion, a …

Sen. Elizabeth Warren (D-Mass) continues her crusade to highlight the ability of major technology corporations  to unduly influence ongoing negotiations on digital trade under the Indo-Pacific Economic Framework. May 2 the senator released an investigative report prepared by her staff charging that “BigTech” is using “revolving door hires to gain backdoor access to key US Trade Representative and Commerce Department officials to prevent new regulations that could curb monopolies.

Chinese "fast fashion" platforms like Shein and Temu are expanding rapidly in the United States, raising concerns about exploitation of trade loopholes, sourcing relationships, product safety, and forced labor. A report released by the US China Economic Security Review Commission details the concerns, highlighting the merchants’ rapid growth, policy concerns, and reccomendations.

The global transition to a green economy faces a serious challenge as the supply of critical raw materials struggles to keep pace with growing demand, warns a new policy paper from the Organization for Economic Co-operation and Development (OECD). The report, Raw Materials for the Green Transition: Production, International Trade and Export Restrictions, emphasizes the need for a substantial increase in production and international trade of these materials in order to meet net zero CO2 emissions targets.

US Trade Representative Katherine Tai defended the Administration trade policy yesterday against criticisms that the White House is failing to open new markets by eschewing traditional comprehensive free trade agreements. Instead, the Administration’s focus on a worker-centered trade policy and investment in advanced manufacturing and infrastructure to create new jobs is a better fit for today’s world, Ms. Tai told the audience at the American University Washington College of Law.

Microsoft has agreed to pay $3.3 million to settle potential civil liability relating to exporting services or software to comprehensively sanctioned jurisdictions and Specially Designated Nationals (SDNs) in violation of OFAC's Cuba, Iran, Syria, and Ukraine-/Russia-Related sanctions programs.

International trade growth is expected to decelerate to 1.7 percent in 2023 from 2.7 percent in the last year due to multiple factors ranging from the war in Ukraine, continued high inflation, ultra-conservative monetary policies and financial market uncertainty, according to the World Trade Organization’s global trade outlook report released Wednesday.

The United States and Japan have struck a trade deal on critical minerals used in the production of electric vehicle batteries.  The agreement is meant to reduce both countries’ dependence on countries like China for critical minerals, senior Administration officials told reporters. The Treasury Department published proposed content rules for the critical minerals content required for eligibility for the electric vehicle tax credits in the Inflation Reduction Act.

Treasury Secretary Janet Yellen announced a commitment by the United States and more than twenty foreign governments to enhance beneficial ownership transparency.

Assistant Attorney General Kenneth Polite clarified the Department's new  Corporate Enforcement Policy at the Global Investigations Review DC Spring Conference, Washington, DC, March 23.

The Commerce Department’s Bureau of Industry and Security Regulations and Procedures Technical Advisory Committee held a marathon open session Tuesday, with a particular emphasis on the microelectronics supply chain.

Next up, a team from the Strategic Radiation Hardened Electronics Council discussed collaborative efforts across agencies and industry to ensure survivable electronics, terrestrial and in space.