April 25, 2024
Daily News
Industry continues pushing for extension to Chinese product ban contained in 2019 defense act
While the Trump administration has published a long-awaited rule to ban contractors from using certain Chinese equipment, industry groups are still seeking an extension to the looming deadline, as they argue there's not enough time for businesses to digest the sweeping regulation and that it will add billions in compliance costs to a struggling U.S. economy.
On Monday, the government published an interim rule to implement Section 889 of the fiscal 2019 National Defense Authorization Act, "Prohibition on Contracting...