Tag:China
U.S. Sanctions International Drug Trafficking
On October 03, 2023, the Biden administration announced indictments and sanctions against 28 individuals and entities, including China-based companies and their employees related to the trafficking of chemicals needed for the manufacturing of fentanyl. The sanctions aim to interrupt the global supply chain of fentanyl as the administration have increased their efforts on tackling the opioid epidemic. However, rising tensions in the U.S.-China relationship have delayed progress. On September 15, 2023, President Biden added China to the list of the world’s major illicit drug producing and drug transit countries. In response, China’s Ministry of Foreign Affairs stated that the designation is a malicious smear against China. The Ministry further urged the U.S. to do things in ways that are conducive to cooperation with China, not otherwise. With growing international tensions and an epidemic still afoot, the U.S. faces a challenging uphill battle with fentanyl.
Biden Administration to Knock “Chip” off China’s Shoulders: Proposed Export License Revocation Seeks to Remove Huawei’s Access to the US Market
The Biden administration has considered not only ending all future export licenses between US microchip producers and Huawei, but also revoking existing licenses to sell microchips to the Chinese tech company. This move is just one section of increasing tensions between China and the United States but could have long-reaching consequences for the United States and the global tech market.
U.S. Sanctions Nine Companies Involved in Iranian Oil Operations
Hannah Newman Associate Editor Loyola University Chicago School of Law, JD 2024 On February 9, 2023, the United States imposed sanctions on companies accused of producing, selling, and shipping hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum. Iran, a major producer of hydrocarbons, holds some of the world’s largest deposits of oil …
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U.S. Makes Forced Labor a “Top-Tier” Compliance Issue as Chinese Government Continues to Commit Human Rights Violations
China has long persecuted individuals in their Xinjiang region, mostly Uyghurs and Turkic Muslims. Specifically, the Chinese government has a long history of forcing Uyghurs and Turkic Muslims to do manual labor. These human rights violations prompted President Biden to sign the Uyghur Forced Labor Prevention Act (UFLPA) into law late last year. On June 21, 2022, the UFLPA went into effect, blocking the importation of goods made from forced labor in the Xinjiang region of China. The law has four main functions. It employs both an enforcement strategy and a diplomatic strategy, it applies a presumption that all goods from the Xinjiang region are barred, and it has required sanctions. Although the United States had previously restricted imports from the Xinjiang region under the Trump administration, this is the furthest step forward the US government has taken to eliminate imports from the region all together.
Trump Administration and American Companies Challenge Chinese Regulation Regarding Intellectual Property
Chinese foreign investment policies have long favored investments that bring the country technological advances from foreign companies. In recent years, China has increasingly developed policies which force foreign companies to share their intellectual property with China and to allow Chinese companies to conduct business with the foreign country China has backed off their previous requirements to transfer such information in an attempt to meet the requirements of the World Trade Organization (“WTO”) since joining the organization in September of 2001. Evidenced by President Donald Trump recently signing a directive to initiate an investigation into Chinese trade practices regarding the attainment of intellectual property from foreign companies, many companies and trade organizations believe that China is not adequately protecting intellectual property rights of foreign companies.