China Retaliates Against Trump's Tariffs, New Round of Trade War Begins
In response to the 10% tariffs imposed by President Trump on all Chinese imports, which went into effect today, China has retaliated quickly, with actions in five areas.
WTO Committee Meeting Considers EU EV CVD Investigation, Transnational Subsidy Case
At the WTO Committee on Subsidies and Countervailing Measures meeting of October 28, 2024, for which the minutes were recently circulated, China raised concerns related to the EU's CVD investigation against Chinese electric vehicles (EVs) and Morocco brought up an EU investigation relating to "transnational subsidies"
What Does DeepSeek Say about China's Potential Countermeasures against U.S. 10% Tariffs?
After President Trump announced sweeping 10% tariffs on Chinese goods over the weekend, China's next move has been under a microscope. When prompted with questions about the likely Chinese response, DeepSeek, an AI agent created by a Chinese company, suggests a multi-dimensional approach encompassing retaliatory tariffs, economic measures,
Review of U.S. Sanctions on China in 2024
Chinese attorneys have identified 583 Chinese entities sanctioned under four U.S. blacklists in 2024. The growth rates of these lists highlight intensified U.S. enforcement, with significant focus on Chinese entities linked to advanced technologies, alleged support for Russia's war economy, and human rights violations in Xinjiang.
WTO Committee Meeting Considers U.S. Transnational Subsidy, Environment/Labor Rules
At the WTO Committee on Subsidies and Countervailing Measures meeting of October 28, 2024, for which the minutes were recently circulated, issues related to the treatment of transnational subsidies and weak labor rights and other protections in new U.S. countervailing duty regulations were considered.
Trump Announces Tariffs on Canada, Mexico, China, Cites International Economic Emergency Statute
Yesterday, President Trump announced that he would impose tariffs of 25% on Mexican imports, 25% on Canadian imports for most products (10% on energy products), and 10% on Chinese imports, in an effort to force these countries to take action to stem the flow of fentanyl products to the U.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* 2024 review of China's economic sanctions and export controls
* New regulation governing data security
* Expiry review of anti-dumping measures against chemicals
In the U.S.:
* Hearing for Commerce Secretary nominee Howard Lutnick
* Review of the Phase One Agreement
