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...They tightened controls on exports of chip-related technology after the 2022 American controls....
...The Biden administration defended the LNG pause this week in a letter to the American Petroleum Institute, a Big Oil lobby group that has campaigned against it, saying the approvals process needed updating...
...Soaring steel imports are a particular sore spot for the Brazilian government as the Latin American nation is one of the world’s largest exporters of iron ore — a primary ingredient in steel production....
...The US commerce department in October imposed new restrictions on the export of chips for artificial intelligence to China, closing a loophole that Nvidia had exploited after the first set of export controls...
...US restrictions on high-end chip exports to China will hurt US companies too. And political turmoil following this year’s presidential elections cannot be ruled out....
...That is partly why Europe exports its most ambitious strivers there. But few Americans win the big prizes. Many others end up overworked and unhappy, albeit in big houses and cars....
...It also noted that Beijing had publicly said it would not allow ByteDance to divest TikTok’s recommendations algorithm and has enacted export control laws that would block such a spin-off....
...The executive order was seen as a way for Washington to exert pressure on the private sector directly since international banks rely heavily on their access to the American financial system....
...“It is important for us to get ahead of China’s new export surge and their continued pressure on prices that make it hard for American steel companies to compete,” said a senior US official, who added that...
...Go deeper: Xi’s pivot towards high-technology manufacturing, rather than relying on incentives to boost consumer-led growth, is leading many to fear a flood of cheap exports....
...But the conflicts around American LNG reflect the fact that the ability of US energy companies to export is always subject to contested domestic politics....
...A strong dollar makes imports more appealing, while exports are priced out of foreign markets....
...(Guardian) — On the oddness of British exports (Dan Davies) — Is the sellside ready for an end to the hedge fund bonanza?...
...This was Frank Pallone, the ranking Democrat on the House Energy and Commerce Committee: “Before we send our energy resources abroad, it is only right that we first confirm doing so will benefit Americans...
...The move tees up a potential lawsuit over the Biden administration’s decision last month to suspend new export licenses as it assesses the environmental, security and cost implications of the rapid buildout...
...After Trump lashed out against the “horrible” deal and vowed to block it if he was elected, Joe Biden also declared his opposition to the takeover saying it was “vital” for the American steel company to...
...Washington will not allow a glut of Chinese production to wipe out American manufacturers of green technology, US Treasury secretary Janet Yellen has warned ahead of a trip to China....
...The prospect of China exporting deflation matters for developing economies because “potentially, a big Chinese export boom in 2024 will lead to sustained demand for Latin American, African, Kazakh or Indonesian...
...Checkered bench by Studio Yellowdot, €20,000 Made from cherry and maple in collaboration with the American Hardwood Export Council. studioyellowdot.com Appaloosa headboard by Bernadotte & Kylberg for Hästens...
...“Many Americans, particularly young Americans, are rightfully sceptical,” Warner said. “At the end of the day, they’ve not seen what Congress has seen....
...AmCham China’s 600-page report cited examples where clarity fell short such as “ambiguous policy guidance and directives” regarding the import and export of seeds, inconsistent review standards in the cosmetics...
...“If they do what was done twice in the last decade of looking at exports and seeing whether they have harmed America’s energy security or driven up costs for American consumers, they will find out that which...
...A long piece in the American Affairs Journal explores how US export controls have created a new era for China’s semiconductor industry....
...However, Britain’s Department for Culture, Media and Sport has placed a temporary export bar on the carving and given the V&A until June 14 to raise £2mn so it can match the price paid by the American institution...
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