Background

New U.S. rule on foreign chip equipment exports to China to exempt some allies

“Another part of this latest export control package will lower the amount of U.S. content that determines when foreign items are subject to U.S. control, sources said, adding that it closes a loophole in the Foreign Direct Product rule.”

[Reuters]

Backed by big companies and labor, Supply Chain Council debuts

“‘With a mission to develop and advance the best practices and public policies at the federal, state and local level, the Council will work to ensure the supply chain, which brings the goods and services Americans need, will be protected and resilient in a rapidly changing global environment,’ the organization said in the statement announcing its launch.”

[FreightWaves]

EU and Singapore agree digital trade deal

“For the EU, the agreement reflects its aspiration to be a global standard-setter for digital trade, with a particular focus on the Asia-Pacific. It already has digital agreements as part of trade accords with Britain, Chile and New Zealand, has a deal on cross-border data flows with Japan, and is in negotiations with South Korea.”

[Reuters]

Indonesia, GCC launch free trade agreement talks

“He added that the FTA is expected to boost exports of Indonesian commodities, such as motor vehicles, palm oil, jewelry, coffee, textiles, and electronics.”

[Xinhua]

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