Simon Lester
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Russia-China trade
* MOFCOM comments on "industrial overcapacity" rhetoric related to green goods
* Xi’s visits to Serbia and Hungary
In the U.S.:
* USTR Section 301 tariff review
* Blocked Chinese-linked investment in cryptocurrency mining facility
* Biden administration actions
Biden Administration Adds 26 Textile Companies to UFLPA Entity List
The interagency Forced Labor Enforcement Task Force (FLETF) – which is chaired by the U.S. Department of Homeland Security (DHS) and also includes the Office of the U.S. Trade Representative and the U.S. Departments of Commerce, Justice, Labor, State, and the Treasury – has voted to add 26 companies
Biden Administration Official Highlights Transshipment through Mexico, Other China Trade Concerns
In a speech yesterday, Lael Brainard, the Biden administration's National Economic Advisor, spoke at a think tank on the topic of "Responding to the Challenges of China’s Industrial Overcapacity."
Biden Announces End to Pause on Solar Panel Anti-Circumvention Tariffs, Extends Safeguard Tariffs To New Solar Products
Today, the Biden administration announced "new actions to strengthen American solar manufacturing and protect businesses and workers from China’s unfair trade actions," including several measures to ratchet up trade remedies on solar products.
Biden Administration Blocks Chinese-Linked Cryptocurrency Facility Near Air Force Base
Earlier this week, the Biden administration blocked a Chinese-linked investment in a cryptocurrency mining facility located close to a U.S. air force base in Wyoming.
Hesai Files Lawsuit against Inclusion on Defense Department Blacklist
Hesai Technology, an electronics company headquartered in Shanghai, has filed a federal complaint against the U.S. Department of Defense in order to get itself taken off a blacklist of Chinese military companies.
Biden Administration's Section 301 Tariff Revisions Target Clean Energy, Strategic Sectors
After a process that lasted almost two years, the U.S. Trade Representative's Office (USTR) has completed a review of the impact of U.S. tariffs imposed under Section 301 of the Trade Act of 1974 in response to "China’s Acts, Policies, and Practices Related to