WebMay 19, 2024 · The lack of critical medical supplies across the existing domestic supply chain forced the United States to rely on China and other nations to manufacture this equipment, sometimes receiving counterfeit and unsafe products, making it more difficult for the United States to rapidly respond. WebWASHINGTON – U.S. Sen. Mark R. Warner (D-VA), Vice Chairman of the Senate Select Committee on Intelligence, and Sen. John Cornyn (R-TX) today introduced the Creating …
Washington Considers Ways to Deny China Economic Advantages
However, given The Department of Commerce’s recent investments in supply chain data collection and analysis, it would make more sense to house much of the CNCC’s activities there. USTR is a much smaller agency, with only about 280 employees and an annual budget of $73 million . See more Many policymakers and commentators refer to the NCCDA as an outbound CFIUS. The legislation would create an interagency body chaired by United States Trade Representative (USTR) rather than Treasury to review … See more The NCCDA would also create new reporting requirements to Congress. This is a critical component of the proposed legislation, as it would provide insights into the functioning of critical supply chains so that Congress can … See more Despite the drafters insistencethat the NCCDA would be narrowly targeted to strengthen critical supply chains, the proposed legislation … See more WebOct 14, 2024 · WASHINGTON – As the Biden administration works to establish two crucial semiconductor initiatives authorized by CHIPS and Science Act, U.S. Sens. Mark R. Warner (D-VA), John Cornyn (R-TX), and Mark Kelly (D-AZ) are leading eight of their colleagues in urging the U.S. Department of Commerce to take full advantage of the contributions, … super king memory foam topper
Senators Schumer, Cornyn float new Chinese chip restrictions
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