The Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing today for several Trump administration officials, including the nomination of Jeffrey Kessler for Under Secretary of Commerce for Industry and Security. If confirmed, Kessler will play a key role in a number of policy areas affecting trade

Canada and the EU have imposed sanctions targeting Chinese entities for allegedly supporting Russia's military-industrial complex amid the ongoing Ukraine conflict, sparking diplomatic tensions and protests from Beijing.

In response to the 10% tariffs imposed by President Trump on all Chinese imports, which went into effect today, China has retaliated quickly, with actions in five areas.

Chinese attorneys have identified 583 Chinese entities sanctioned under four U.S. blacklists in 2024. The growth rates of these lists highlight intensified U.S. enforcement, with significant focus on Chinese entities linked to advanced technologies, alleged support for Russia's war economy, and human rights violations in Xinjiang.

2024 marked several milestones in the development of China's economic sanctions and export controls, signaling a significant escalation in both regulation and implementation.

At a press conference today, the spokesperson for China's Ministry of Commerce (MOFCOM) responded to a potential TikTok deal and threats of more U.S. tariffs in a way that may suggest openness on the part of the Chinese government.

Last week, the Dutch government updated its export control rules governing advanced semiconductor manufacturing equipment. This decision expands the scope of the national export control measures first introduced in 2023.