Congressman Michael McCaul (R-TX), the top ranking Republican on the House Foreign Affairs Committee, recently spoke about a number of issues related to export controls and investment screening, with a focus on China.

Last week, the Biden administration announced that a U.S. Commerce Department investigation "found that [Neodymium-iron-boron] magnet imports threaten national security," and that President Biden agreed with that determination. The Biden administration said it would take a number of actions to address the threat, but tariffs and quotas

Yesterday, the U.S. Commerce Department's Bureau of Industry and Security ("BIS"), through its Office of Export Enforcement ("OEE"), suspended the export privileges of a Belgian company and its owner for 180 days for attempting to sell sensitive technology to Chinese entities, in violation