Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Trump tariff spike fuels new House bill to lock China out of US government tech

by April 10, 2025
April 10, 2025
Trump tariff spike fuels new House bill to lock China out of US government tech

A bipartisan duo of House lawmakers is moving to ensure the U.S. government is free from Chinese-made technology after President Donald Trump hiked tariffs against Beijing.

Rep. Pat Fallon, R-Texas, is leading the Securing America’s Federal Equipment (SAFE) Supply Chains Act alongside Rep. Ro Khanna, D-Calif.

It would impose new guardrails on the technology the U.S. government is able to purchase by forcing a federal agency or office to only purchase it from ‘original equipment manufacturers’ or ‘authorized resellers,’ according to the bill text obtained by Fox News Digital.

The bill targets U.S. government technology purchased through the ‘gray market,’ an alternative channel for purchasing and selling genuine goods without the authorization of the manufacturer.

Fallon said his bill ‘dovetails’ with Trump’s hawkish stance on China.

‘With the rising threat posed by Chinese aggression, not only in the Indo-Pacific, but here at home by means of artificial intelligence and cyberattacks, it’s critical that the Department of Defense secure its vital infrastructure,’ Fallon explained to Fox News Digital. 

‘In order to do so, we must ensure that the U.S. military only purchases electronic equipment from approved vendors that are free from adversarial, particularly [Chinese Communist Party], influence.’

He praised Trump’s ‘bold leadership’ in the U.S. ‘breaking its dependency on Communist China.’

‘The SAFE Supply Chains Act dovetails with this endeavor and is in the best interest of U.S. national security,’ he said.

The White House said Thursday it had imposed 145% in new tariffs on China, up from the 125% Trump announced the day before.

While hiking rates on China, Trump said he would reduce tariffs on other countries that did not retaliate against the U.S. to his baseline of 10%.

‘Look, for years we’ve been ripped off and taken advantage of by China — and others, in all fairness — but by China, there’s a big one. And it’s just one of those things,’ Trump said Wednesday.

Fallon’s bill has a counterpart in the Senate led by senators John Cornyn, R-Texas, and Gary Peters, D-Mich.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Musk says DOGE set to top $150B in fraud savings in FY 2026
next post
Italian scientist’s remains found in Colombia spark multinational investigation

You may also like

Israel warns US defense chief Iran aggression has...

August 26, 2024

SCOOP: GOP push for new House committee to...

May 29, 2025

‘She’s really this dumb’: House Dem ripped after...

March 4, 2025

‘It’s wrong’: Hawley warns Senate GOP not to...

June 16, 2025

‘Squad’ Dem applauds Biden for sparing murderers from...

December 23, 2024

Disgraced lawyer Michael Avenatti seeks mercy at resentencing,...

May 7, 2025

Bondi spars with Schiff at testy confirmation hearing:...

January 16, 2025

Trump-appointed federal judge rules against Biden-era sex-based employment...

May 16, 2025

Democrat Rep Jared Golden says his party’s moving...

April 4, 2025

Judge releases more Jack Smith Trump investigation docs...

October 18, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Trump admin sanctions Brazilian judge overseeing Bolsonaro coup-plot probe

      July 30, 2025
    • Top GOP senator demands probe into whether Jack Smith ‘unlawfully’ tried to influence 2024 election

      July 30, 2025
    • SCOTUS to discuss Ghislaine Maxwell’s case privately in September at post-summer conference

      July 30, 2025
    • Democratic lawmaker ‘no longer on speaking terms’ with some family over Israel support

      July 30, 2025
    • Schumer says century-old law forces Trump DOJ, FBI to release Jeffrey Epstein files by August deadline

      July 30, 2025
    • Agent’s alleged attempt to smuggle wife on Trump’s Scotland trip being probed in latest Secret Service fiasco

      July 30, 2025

    Categories

    • Business (736)
    • Investing (661)
    • Politics (5,120)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved