Control Developments Relating News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In response to a U.S. government consensus that trade with China involves grave national security risks, the Trump Administration promulgated a broad series of China-directed export controls, economic sanctions and import rules. The flow of trade measures became a torrent in the Trump Administration’s final months. This alert briefly surveys key new trade controls from late in the Trump Administration and Chinese policy responses that the Biden Administration inherits.
It is not clear that the Biden Administration will prioritize a more regularized trading relationship with China. As it moves toward a more traditional governance, the Biden Administration may seek to develop an overall strategic policy toward China before undertaking piecemeal changes. When coupled with strong congressional support for tough measures on China, major modifications in U.S. treatment of China would not appear likely in the near term. ....

United States , Hong Kong , North Korea , Chinese Military Company , Commerce Department Bureau Of Industry , Biden Administration On , Semiconductor Manufacturing International Corporation Incorporated , Herrington Sutcliffe , Communications Technology , Trump Administration , Administration Regulations , Telecom Transactions Regulations , Biden Administration , China National Offshore Oil Corporation Ltd , Commerce Department , China Ministry Of Commerce , Control Developments Relating , Intelligence End , User Controls , Export Administration Regulations , Entity List , Export Licenses , Related Sanctions , Executive Order , Transactions Regulations , Services Supply ,