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The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
On October 7, 2022, the U.S. Department of Commerce announced a major set of export control policy changes toward China, with a focus on Artificial Intelligence and semiconductor technologies. [21] In January 2023, these export controls were expanded multilaterally in an agreement between the United States, the Netherlands, and Japan.
United States Customs and Border Protection (CBP) is the largest federal law enforcement agency of the United States Department of Homeland Security.It is the country's primary border control organization, charged with regulating and facilitating international trade, collecting import duties, as well as enforcing U.S. regulations, including trade, customs, and immigration.
WASHINGTON (Reuters) -A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to ...
Product Value 1 Cars: 34,360 2 Unspecified commodities: 19,107 3 Refined petroleum: 15,541 4 Vehicle parts: 10,633 5 Pharmaceuticals: 9,308 6 Trucks: 5,807 7 Pig meat
The President's Export Council (PEC) is an American government organization that serves as the principal national advisory committee on international trade.The Council advises the president of the United States on policies and programs that affect U.S. trade performance; promotes export expansion; and provides a forum for discussing and resolving trade-related problems among the business ...
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Available in English, French, Spanish, Russian, Arabic, and Mandarin [ 2 ] The UNESCO 1970 Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property is an international treaty to combat the illegal trade in cultural items. [ 2 ]