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Treasury Department
(Daily News)
September 14, 2017
September 14, 2017
Sen. John Cornyn (R-TX), the author of a bill to reform the national security watchdog Committee on Foreign Investment in the United States, believes his legislation will begin to move soon. Meanwhile, President Trump, under recommendation from CFIUS, this week exercised his authority to block the acquisition of a U.S. semiconductor company by a Chinese firm.
(In Trade)
September 06, 2017
September 06, 2017
“Seek a more timely solution and garner a commitment from China to allow U.S. companies to own 100 percent of their Chinese operations.”
(Text Document)
September 05, 2017
September 05, 2017
(In Trade)
September 03, 2017
September 03, 2017
Mnuchin: “China has a lot of trade with them, there's a lot that we can do to cut them off economically, much more than we've done already.”
(In Trade)
August 03, 2017
August 03, 2017
The agreement on numerous nominees helps clear the way for Senate's summer recess.
(Daily News)
August 01, 2017
August 01, 2017
The White House should order the national security watchdog Committee on Foreign Investment in the United States to prevent all mergers and acquisitions by Chinese companies in the United States until Beijing takes meaningful steps to rein in North Korean aggression, Senate Minority Leader Charles Schumer (D-NY) wrote in a letter to President Trump.
(File Document)
August 01, 2017
August 01, 2017
(Daily News)
July 27, 2017
July 27, 2017
Top administration officials and Republican House and Senate leaders have decided to “set aside” the controversial border adjustment tax approach advanced by the House GOP, they said on Thursday.
(In Trade)
July 20, 2017
July 20, 2017
“Extensive consensus was reached. The two sides also agreed to cooperate constructively on narrowing trade deficits.”
(Daily News)
July 19, 2017
July 19, 2017
The U.S. and China appear to have fallen short of the Trump administration’s ambitions for the first Comprehensive Economic Dialogue, with Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross issuing a post-meeting statement that does not mention any new deliverables.
(Text Document)
July 19, 2017
July 19, 2017
(Daily News)
July 19, 2017
July 19, 2017
In opening remarks today for the inaugural U.S.-China Comprehensive Economic Dialogue, Treasury Secretary Steven Mnuchin called for Beijing to reduce state intervention in a slew of sectors as a way to rebalance the bilateral trade relationship.
(Daily News)
July 18, 2017
July 18, 2017
On the eve of the first meeting of the U.S.-China Comprehensive Economic Dialogue, Commerce Secretary Wilbur Ross conceded on Tuesday that talks are getting harder as more sensitive issues come into play. Meanwhile, U.S. Trade Representative Robert Lighthizer has told senators that Chinese cloud computing restrictions and foreign equity caps have been raised in the context of the dialogue.
(In Trade)
July 14, 2017
July 14, 2017
“We believe that addressing the long-standing ownership caps that U.S. financial services firms face should be a top priority for the two sides.”
(In Trade)
July 12, 2017
July 12, 2017
Set to testify are four former assistant Treasury secretaries for tax policy.
(In Trade)
July 09, 2017
July 09, 2017
Mnuchin says the Hamburg communiqué's trade language “has enormous substance to it.”
(Daily News)
June 23, 2017
June 23, 2017
The Trump administration will seek to advance U.S. interests in its trade relationship with New Delhi when Prime Minister Narendra Modi visits the White House on Monday by seeking greater market access in India via a reduction in tariffs and raising the issue of intellectual property protection, a senior White House official said Friday.
(In Trade)
June 23, 2017
June 23, 2017
“It’s something that the secretary of the Treasury and I have to come to grips with here in the not-too-distant future,” the USTR testified.
(Daily News)
June 16, 2017
June 16, 2017
President Trump today signed a policy memorandum directing the Treasury and Commerce departments within 30 days to begin formulating rules that would erect barriers to doing business with entities owned, controlled by, or associated with the Cuban military and its business wing GAESA, but the move faced immediate criticism from agricultural and business groups, as well as top Democrats on the Ways & Means and Finance committees.
(In Trade)
June 15, 2017
June 15, 2017
Rep. DeLauro says a “net-benefit” test would help “ensure that foreign direct investment does not undermine public interests.”