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.
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).
President Donald Trump directed DOJ Jan. 20 to hold off for 75 days on enforcing a law that called for China’s ByteDance to divest TikTok by Jan. 19 or face a ban of the popular social media application in the U.S.
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President Donald Trump took several steps during his first day in office to reverse, delay or scrutinize trade- and sanctions-related actions introduced by the Biden administration, ordering agencies to study existing export controls for possible loopholes, consider changes to outbound investment restrictions, or possibly postpone some of Biden’s recently issued rulemakings. Trump also revoked a sanctions authority that had targeted Israeli settlers in the West Bank and previewed plans to step up sanctions against drug cartels.
The U.S. Supreme Court on Jan. 17 unanimously upheld a law requiring China’s ByteDance to sell TikTok or face a ban on the popular social media application in the U.S.
Political negotiations on modernizing the EU's "global agreement" with Mexico have concluded, the European Commission said last week. The deal could put in place an "ambitious" framework to expand economic and political cooperation between the two sides, including around the "de-risking" of supply chains and securing a "sustainable supply of critical raw materials," the commission said.
Jake Sullivan, in one of his final public appearances as national security adviser under President Joe Biden, urged the incoming Trump administration to continue imposing technology restrictions against China and to do so in coordination with U.S. allies.
Scott Bessent, President-elect Donald Trump’s choice for Treasury secretary, said Jan. 16 that the U.S. should institute a “very rigorous screening process” to ensure its outbound investment does not help China catch up to the U.S. in such key technology areas as artificial intelligence, computing chips, quantum computing and surveillance.
Sen. Marco Rubio, R-Fla., said Jan. 15 that he hopes to elevate the State Department’s role in foreign policy-making if the Senate approves his nomination to lead the agency.