The U.S. should prevent China from obtaining American technology it can use to advance its artificial intelligence capabilities, Commerce secretary nominee Howard Lutnick said Jan. 29.
The auction process for ships to pass through the Panama Canal when the water is low, and the fact that a Hong Kong company owns ports by the entrance and exit of the Panama Canal were the focuses of a Senate hearing on the canal -- but the way Iranian ships used Panama to evade sanctions also came up.
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The Trump administration may be beginning to favor the use of trade policy tools like tariffs to replace sanctions to compel foreign policy, researchers said on a podcast hosted by the Center for a New American Security last week.
House Select Committee on China Chairman John Moolenaar, R-Mich., said Jan. 28 that the U.S. should place stronger export controls on technologies critical to the infrastructure of an advanced new Chinese artificial intelligence model.
Senate Minority Whip Dick Durbin, D-Ill., reintroduced a bill Jan. 27 to end all U.S. petroleum cooperation and petroleum-related trade with Venezuela until that country's ruler, Nicolas Maduro, concedes he lost Venezuela's recent presidential election.
Hours after President Donald Trump threatened to impose sanctions, tariffs and visa restrictions against Colombia for declining to accept a plane of deported migrants from the U.S., the White House said Colombia reversed course and agreed to the “unrestricted acceptance of all illegal aliens.”
Years after the U.S. first imposed trade restrictions against Huawei, the government’s strategy to restrain the Chinese technology company remains unclear, technology policy experts said this week.
The EU requested consultations with China at the World Trade Organization, alleging that China has empowered its courts to set worldwide royalty rates for EU standard essential patents, without the consent of the patent owner. The EU alleged that the measures violate Article 64.1 of the Agreement on Trade-Related Aspects of Intellectual Property Rights and Article XXII:1 of the General Agreement on Tariffs and Trade 1994.
President Donald Trump last week revoked the Biden administration’s 2023 executive order on artificial intelligence, which could have ramifications for recent AI-related export controls issued by the Bureau of Industry and Security.