The Committee on Foreign Investment in the U.S. should review all U.S. investment transactions by Brazilian meatpacking conglomerate JBS S.A., its holding company J&F Investimentos and any entity owned by the company’s owners Wesley and Joesley Batista, two senators said. The companies use “criminal practices to obtain the funds to acquire U.S. companies,” which may jeopardize U.S. economic security and undermine U.S. efforts to combat corruption, Sens. Bob Menendez, D-N.J., and Marco Rubio, R-Fla., said in an Aug. 13 letter to Treasury Secretary Janet Yellen. “With JBS S.A. planning further U.S. acquisitions in the near future,” the senators said, “the need for a thorough investigation is urgent.”

Two lawmakers said the U.S. should impose more sanctions against Cuba for its suppression of pro-democracy protests, but other measures are needed as well.

The American Association of Exporters and Importers said the country needs a properly confirmed leader at CPB, and is asking the Senate Finance Committee to take up the nomination of Chris Magnus for commissioner when the Senate returns in September. "Through the Covid pandemic and the start of the economic recovery, this critical leadership position has been left open for more than two years," the group said. AAEI said Magnus met with its CEO and board chair, and they were impressed with his experience solving complex issues.

Sen. Roger Wicker, R-Miss., the top Republican on the Senate Commerce Committee, is asking the Bureau of Industry and Security for information on Huawei export licenses. Wicker said BIS recently held an “informal briefing” with Wicker’s staff in which they withheld certain licensing information “based on confidentiality concerns,” but Wicker believes the information should have been provided. “The information requested neither focused on any particular company's compliance nor could have resulted in a breach of confidentiality for a company under investigation,” the senator said in an Aug. 11 letter to BIS.

More than a third of Republican senators are telling President Joe Biden that the European Union's plan to apply tariffs to aluminum, cement, fertilizers, iron and steel from countries that are not pricing carbon as the EU does is protectionism in disguise. They noted that U.S. steel is already more carbon efficient than the product is in the EU.

Much work remains to be done to create a concrete proposal on levying tariffs on imports from countries that are not as aggressive as the U.S. is about battling climate change, Senate Finance Committee Chairman Ron Wyden, D-Ore., said in a brief Capitol hallway interview Aug. 10. Such a tariff is planned as a pay-for in the upcoming spending bill for education and daycare, income support, health care, housing and environmental priorities. "People have asked, 'What is this really all about?'” he said. "We have defined this as making sure that, as our workers and our manufacturers push very hard to modernize our infrastructure, make it greener and cleaner, that other countries don't undercut our workers and manufacturers. That is the philosophical foundation."

The House’s top Republican on the Foreign Affairs Committee introduced a bill that would impose new sanctions and export restrictions against foreign governments and people responsible for radio-frequency attacks against U.S. personnel abroad. The Havana Syndrome Attacks Response Act, introduced Aug. 3 by Rep. Michael McCaul, R-Texas, would sanction those who the president determines “knowingly directed or carried out these attacks,” which have caused brain injuries to U.S. personnel in Cuba and other countries. The bill would also require the U.S. to restrict certain exports -- including arms sales -- and export licenses for shipments to foreign governments behind the attacks. The export controls would be applied to shipments of items controlled under the Arms Export Control Act, licenses for items on the U.S. Munitions List and other exports pursuant to the Export Control Reform Act. The bill has 15 Republican co-sponsors.

The American Association of Port Authorities is thanking the Senate for the $2.25 billion dedicated to the Port Infrastructure Development Program, but in a letter it made public on Aug. 6, it says PIDP needs another $10 billion over five years.

A group of House Republicans called on the Commerce Department to add Chinese smartphone maker Honor Device Co. Ltd. to the Entity List and asked for a briefing with the agency’s End-User Review Committee to ensure the administration is “moving with enough speed” on export controls. Because Huawei sold Honor Device Co., the company can access technology that “should be restricted,” the lawmakers said in an Aug. 6 letter to Commerce Secretary Gina Raimondo.

Sen. Chris Coons, D-Del., told an Atlantic Council webinar that although business executives have told the bipartisan Climate Caucus that they want a carbon tax, it's more likely that a carbon adjustment tax would come first in Congress. Coons, speaking Aug. 3, said, “It seems that we may actually be able to move first, to assessing what the regulatory price already is on carbon in our economy and setting a border carbon adjustment” tax. He said it makes sense to work on that now because Canada, the United Kingdom and the European Union are all planning similar strategies.