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About half of American soybeans, the top U.S. export to China, are shipped to China, accounting for $15.2 billion of trade in 2023, according to the U.S. Census Bureau.
The U.S. has been delayed in updating rules on tech exports to China. As Reuters reported in July, the Biden administration drafted new rules on some foreign exports of chipmaking equipment and ...
July 31, 2024 at 4:56 AM. By Karen Freifeld. NEW YORK (Reuters) -The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor ...
U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new ...
Exclusive-US tackles loopholes in curbs on AI chip exports to China. Karen Freifeld. October 15, 2023 at 8:28 PM. By Karen Freifeld. (Reuters) - The U.S. will take steps to prevent American ...
Effective October 7, 2022, the United States of America implemented new export controls targeting the People's Republic of China's (PRC) ability to access and develop advanced computing and semiconductor manufacturing items. [1] The new export controls reflect the United States' ambition to counter the accelerating advancement of China's high ...
Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will cost firms some revenue. Restrictions ...
In response to news of the rules, China's foreign ministry spokesperson Mao Ning told Reuters that the U.S. is politicizing trade issues and destabilizing global supply chains, adding that China ...