Simon Lester
CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* Trade data update
* Limits on movie imports from U.S.
* New trade negotiator appointment
* Microsoft scales back business
In the U.S.:
* Remedy in Section 301 investigation on shipbuilding
* Update on reciprocal tariffs
* New Section 232 investigations
* New bill on
USTR Announces Remedies in China Shipbuilding, Maritime Case
Yesterday, the U.S. Trade Representative's Office (USTR) announced a remedy related to shipping fees in the Section 301 investigation on China's practices in the maritime, logistics, and shipbuilding sectors, with an additional component for tariffs on ship-to-shore cranes still to be decided.
Trump Administration Initiates National Security Investigation on Critical Mineral Imports
Earlier this week, the Trump administration announced that it would be conducting a national security investigation under Section 232 of the Trade Expansion Act of 1962 related to imports of critical minerals and their derivative products.
Panamanian Government Finding Puts Port Deal in Jeopardy, New Purchasing Structure Being Considered
Recent developments related to the deal to sell two key Panamanian ports to an American private equity company have added new complications and complexity to the situation, leading to uncertainty as to the ultimate outcome.
Trump Administration Initiates National Security Investigations on Semiconductor Products, Pharmaceuticals
Yesterday, the Trump administration posted notices indicating that it would be proceeding with national security investigations under Section 232 of the Trade Expansion Act of 1962 related to imports of semiconductors and semiconductor manufacturing equipment and of pharmaceuticals and pharmaceutical ingredients.
Trump Administration Carves out Smartphones, Computers, Semiconductors from "Reciprocal Tariffs"
In a significant scaling back of its "reciprocal tariffs," the Trump administration has exempted key electronics products such as smartphones and semiconductors from these tariffs, although U.S. officials also made clear that tariffs on these products were coming soon through a different statutory process.
U.S. Senator Introduces Bill to Ban Chinese "Connected Vehicles"
Senator Elissa Slotkin (D-MI) has introduced a bill to strengthen existing regulatory restrictions on the sale of Chinese connected vehicles in the United States.