USA

U.S. Revamps International Development Agency in Effort to Better Compete with Mainland China

16 October 2018

Signed into law on 5 October, the BUILD Act establishes a new U.S. International Development Finance Corporation (IDFC) to replace the U.S. Overseas Private Investment Corporation (OPIC). Press reports have described the BUILD Act as a step to compete with mainland China’s Belt and Road initiative in developing countries More

hktdc research

AD/CV Notices

16 October 2018

Following are summaries of current AD/CV actions targeting mainland Chinese manufacturers taken by the DOC. Products: Certain steel wheels 12 to 16.5 inches in diameter, Steel propane cylinders, Freshwater crawfish tail meat, Refillable stainless steel kegs, Xanthan gum, and Aluminium wire and cable. More

hktdc research

USITC Notices

16 October 2018

Topics: Trade Agreement with Canada and Mexico to be Focus of USITC Investigation; Remedy Comments Sought in Section 337 Probe of Beverage Containers; More

hktdc research

CPSC Recalls Various Products Made in Mainland China

16 October 2018

The CPSC has announced the following recalls of products made in mainland China. Products: Bicycles, Chairs, and Light Fixtures. More

hktdc research

MTB Duty Reductions Will Not Supersede Mainland China Import Tariffs, CBP Says

16 October 2018

CBP has confirmed that the Miscellaneous Tariff Bill Act’s duty suspensions or reductions on 1,660 products were effective for goods entered or withdrawn from warehouse for consumption on or after 13 October 2018 and will remain in effect through 31 December 2020. More

first person

Candy for Grown-ups Proves Hit

15 October 2018

When Josh Resnik took his girlfriend Rosie O’Neill on their third date to see Willy Wonka & The Chocolate Factory, they bemoaned the fact that kids seemed to have all the fun when it came to candy. More

hktdc research

EPA Delays Advance Notice Requirement for Imports of 27 Chemical Substances

15 October 2018

The EPA has withdrawn a direct final rule that would have required persons who intend to manufacture (including import) or process any of 27 specified chemical substances for an activity designated as a significant new use by this rule to notify the EPA at least 90 days before commencing that activity. More

hktdc research

New Rules Affecting U.S. Nuclear Technology Exports to Mainland China

15 October 2018

The DOE announced on 11 October new rules on exports of U.S. civil nuclear technology to mainland China. Exports of these products totalled US$170 million last year but recent activity by mainland China's state-owned China General Nuclear Power Group triggered a National Security Council-led policy review of the U.S. approach to civil nuclear co-operation. More

hktdc research

New Interim CFIUS Regulations Announced

15 October 2018

The U.S. Treasury Department issued on 10 October new pilot programme interim regulations for the Committee on Foreign Investment in the United States. This pilot programme is authorised under the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), which became law in August. More

hktdc research

Import Restrictions Adopted of 28 Chemical Substances

11 October 2018

The EPA has issued a direct final rule that will require persons who intend to manufacture (including import) or process any of 28 specified chemical substances for an activity designated as a significant new use by this rule to notify the EPA at least 90 days before commencing that activity. More

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