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Senators Push Treasury Secretary for Action on China Currency, IPR, Etc.
June 11, 2010 by Cindy Arevalo|Congress

On June 10, 2010, the Senate Finance Committee held a hearing on “The U.S.-China Economic Relationship: A New Approach for a New China.” The only witness testifying at the hearing was Treasury Secretary Geithner. During this hearing, Committee members expressed dissatisfaction with the Administration’s progress on China and pressed the Treasury Secretary on issues such as currency, intellectual property rights protection, China’s protectionist indigenous innovation provisions, etc.

Topics:World Trade Organization (WTO)
Ways and Means Oversight Held Hearing on Tobacco Smuggling
June 10, 2010 by Marie Rapport|Congress

On May 27, 2010, the House Ways and Means Oversight Subcommittee held a hearing on tobacco smuggling, and the recommendations made by the Alcohol and Tobacco Tax and Trade Bureau to enhance the traceability of tobacco products. TTB discussed its new $3M in funding to hire and train special agents, its efforts to prevent diversion to avoid the 150% excise tax, and the recommendation to work with FDA on a "track and trace" system authorized by the recently enacted Family Smoking Prevention Act.

Senate Hearing on FSIS Nominee Focused on Imported Catfish, Border Smuggling
June 10, 2010 by Marie Rapport|Congress

After her brief statement, Senate Agriculture, Nutrition, and Forestry Committee members encouraged Elisabeth Hagen, nominee to head the Food, Safety, and Inspection Service, to target the agency's new inspection authority (once OMB approves the pending rulemaking to implement it) toward imported catfish. Members also encouraged her to beef up inspections at the border to prevent the entry of smuggled food. The hearing was held on May 27, 2010.

Senator Calls for Crack Down on Illegal Honey Exports from China
June 10, 2010 by Cindy Arevalo|Congress

On June 9, 2010, Senator Schumer (D) called on the U.S. Immigration and Customs Enforcement, U.S. Customs and Border Protection and the U.S. Food and Drug Administration to crack down on “honey launderers” that are undermining New York’s honey producers. Schumer demands that immediate steps be taken to crack down on illegal Chinese honey that has been shipped through other countries, mislabeled, etc. to circumvent antidumping duties.

House Ways and Means June 16 Hearing on China Trade
June 10, 2010 by Cindy Arevalo|Congress

The House Ways and Means has announced a hearing on the direction of China’s trade and industrial policies on June 16, 2010. The hearing will examine overall trends in China’s trade and industrial policies, as well as several specific examples of how China appears to be embracing mercantilism and “national champions” over a market-based model of economic development.

Senate Continues Consideration of Amendments to House Tax Extenders Bill
June 10, 2010 by Cindy Arevalo|Congress

On June 9, 2010, the Senate continued its consideration of amendments to the House-passed H.R. 4213, the American Jobs and Closing Tax Loopholes Act (the Tax Extenders or Jobs bill). On June 10, 2010, the Senate is expected to continue its consideration of pending amendments to H.R. 4213.