U.S. Lawmakers Push for CFIUS Review of Roomba Acquisition
Congressmen Ritchie Torres (D-NY) and Zach Nunn (R-IA) sent a letter to Treasury Secretary Scott Bessent calling for an immediate national security review of the proposed acquisition of iRobot by a company with ties to China. iRobot is best known for its Roomba line of robotic vacuum cleaners.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
Starting in China, China and South Korea signed a sweeping package of government and private-sector agreements this week during a state visit by South Korean President Lee Jae-myung.
China's Ministry of Commerce (MOFCOM) announced that it will tighten export controls
Beijing Launches Anti-Dumping Probe Into Japanese Chip Chemicals
On January 7, China's Ministry of Commerce (MOFCOM) announced an anti-dumping investigation on a key semiconductor chemical from Japan, in a move that could add a new trade friction point between the two Asian neighbors.
FCC Drone Crackdown Focuses on Chinese Industry Leaders
In a move late last year, which was updated yesterday, the U.S. Federal Communications Commission (FCC) took action that will prevent the authorization of new imported drones, with Chinese industry leaders DJI and Autel Robotics to feel the biggest impact.
China, South Korea Sign Tech and Trade Pacts During State Visit
China and South Korea signed a sweeping package of government and private-sector agreements this week during a state visit by South Korean President Lee Jae-myung. The deals, finalized in Beijing, are designed to deepen bilateral cooperation in trade, technology, and intellectual property as both nations seek to stabilize economic ties.
Beijing Imposes Export Controls on Japan for Military End-Uses
China's Ministry of Commerce (MOFCOM) announced today that it will tighten export controls on dual-use items destined for Japan, citing a need to curb Japanese military capabilities and safeguard national security. The move is the latest escalation from Beijing as geopolitical tensions between the two nations intensify over
Beijing Hits Out at EU over "Double Standard" for CBAM, Auto Policies
China’s Ministry of Commerce (MOFCOM) issued a sharp rebuke of the European Union, accusing Brussels of using climate policy as a "guise" for trade protectionism. The statement comes as the EU moves to expand its Carbon Border Adjustment Mechanism (CBAM) while simultaneously revising internal environmental targets for