The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

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

by
April 11, 2025
in Latest News
0
Trump tariff spike fuels new House bill to lock China out of US government tech
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

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
Previous Post

FDA phasing out some animal testing in ‘win-win’ for ethics and public health: commissioner

Next Post

American Airlines flight carrying US lawmakers ‘bumped’ by second plane on tarmac in DC

Next Post
American Airlines flight carrying US lawmakers ‘bumped’ by second plane on tarmac in DC

American Airlines flight carrying US lawmakers ‘bumped’ by second plane on tarmac in DC

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent News

    State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

    State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

    May 14, 2025
    Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’

    Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’

    May 14, 2025
    Fintech company Chime files for Nasdaq IPO

    Fintech company Chime files for Nasdaq IPO

    May 14, 2025
    House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

    House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

    May 14, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.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 © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.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 © 2025 thefinancialhorizons.com | All Rights Reserved