The Biden Administration issued its annual National Security Strategy yesterday, with brief discussions of China as a competitor and U.S. trade policy.

A key Republican Congressman is pushing back against demands from some leading Democratic members of Congress for the Biden administration to pursue executive action on outbound investment screening regulation, and instead is arguing that the administration should work with Congress on this issue.

At an event last Friday, a White House official offered some comments on the CHIPS Act and the outbound investment screening mechanism that has been in the news recently, both of which aim at maintaining U.S. technological advantages over China. The goal is to maintain an "absolute advantage&

The Atlantic Council and the Center for a New American Security co-hosted an event today on "Designing an outbound investment mechanism," during which the authors of a new report described their policy recommendations and a Biden administration official offered comments.

Commerce Secretary Gina Raimondo offered some comments yesterday on the implementation of the CHIPS Act's subsidies to semiconductor companies and how restrictions on investing in China might be applied.

In a speech in South Korea on July 18, U.S. Treasury Secretary Janet Yellen explained various aspects of the Biden administration's views on trade policy.

At a recent U.S. Senate hearing, two Republican Senators pressed Biden administration officials on their Departments' use of Chinese-made drones.