Simon Lester
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* China-Brazil economic agreements
* China's sanction measures
* U.S. Trade Rep. nominee's views on China trade
* Prospects for China PNTR revocation
* New entities added to UFLPA list
* Estimates of impact of Chinese gallium/germanium export ban
* Estimates of impact
European Court of Justice Rules in Cross-Border Subsidies Case, Upholding European Commission Approach
In a ruling today, the Court of Justice of the European Union (CJEU) dismissed appeals of an EU General Court ruling that the European Commission's treatment of subsidies provided by third country governments – so-called "transnational" or "cross-border" subsidies – as countervailable was permitted under EU
U.S. Agency Estimates Costs of Gallium/Germanium Bans
In a recent report, researchers at the U.S. Geological Survey developed a new model to assess how disruptions of critical mineral supplies may affect the U.S. economy. Using the model, they estimated that "there could be a $3.4 billion decrease in U.S. GDP if China
Trump USTR Nominee's Past Comments Indicate Tough Stance on China
Yesterday, President-Elect Trump announced Jamieson Greer as his nominee for U.S. Trade Representative. Greer served as Chief of Staff for Trump's previous U.S. Trade Representative Robert Lighthizer during Trump's first term, and is likely to continue the tough China trade policies of that period.
WTO Meeting Discusses Security Issues in U.S.-Hong Kong Rules of Origin Dispute
At the meeting of the WTO's Dispute Settlement Body yesterday, the U.S. once again raised issues related to Hong Kong's National Security Law, and Hong Kong and China once again criticized the U.S. action as inappropriate.
New Report Assesses Economic Impact of China's CPTPP Accession
Researchers at the China Institute at the University of Alberta have issued a report that assesses the economic impact of China joining the CPTPP, finding that there are significant benefits to Canada and other CPTPP parties from having China join.
EU Files WTO Challenge on China's Brandy Anti-Dumping Tariffs
Today, the European Commission formally requested consultations at the WTO over the provisional anti-dumping measures imposed by China on imports of EU brandy.