USA

The Forced Labor Enforcement Task Force has unveiled a strategy to implement the Uyghur Forced Labor Prevention Act. This, combined with CBP’s operational guidance, provides the framework by which the US government began full implementation of the legislation effective 21 June 2022. More

Legislation introduced in the House of Representatives on 8 June by Rep. Murphy would require the U.S. Treasury Department to report to Congress within 60 days on the inflationary impact of the Section 301 tariffs on imports from mainland China, the Section 232 tariffs on steel and aluminium, the Section 201 tariffs on solar panels and washing machines, and the expiration of the GSP programme. More

The US, together with 12 Asia-Pacific economies, announced on 23 May the launch of the Indo-Pacific Economic Framework (IPEF) to set rules on trade and tech. The move is aimed at strengthening US ties to the region and defining the coming decades’ technological innovation and the global economy. More

Senate and House lawmakers have recently introduced several bills that, if approved, may have a significant impact on mainland Chinese and Hong Kong companies. Of particular interest are four separate bills introduced by Sen. Rick Scott aimed at holding mainland China accountable for its actions while affording enhanced protections to U.S. investors. More