Yesterday, Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL) of the House Select Committee on the Strategic Competition Between the U.S. and the CCP wrote to Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai with concerns that China "will flood the United States

U.S. Senator Marco Rubio (R-FL) sent a letter to Commerce Secretary Gina Raimondo arguing that the Biden administration should blacklist Chinese company Brite Semiconductor and "tighten its inadequate export controls on American chip-design software."

The foreign ministers of China, Japan and South Korea met today for the first trilateral meeting since 2019 to advance cooperation in six areas, including economy and trade. The Chinese foreign minister also called for the restart of trilateral trade talks, as its trade with the two neighboring countries is

Earlier this month, China's market regulator approved U.S. semiconductor firm Micron's acquisition of a packaging and testing firm in China, part of the company's plan to expand investment in China.

Yesterday, the U.S. Department of Commerce announced new export control rules that target China's semiconductor and AI industry, expanding the parameters and patching "loopholes" of existing export controls on chips and manufacturing tools.

The European Commission adopted a new document that sets up a deadline for Member States to conduct risk assessments on multiple critical technologies, including AI, advanced chips and manufacturing equipment, as well as quantum computing, with potential export controls and investment restrictions to follow.

In a WTO consultations request from last week that was made public yesterday, China has supplemented its previous request related to U.S. export restrictions on semiconductors.