EU Opens Investigation of Chinese Railcar Company Subsidies
The EU has opened a new Foreign Subsidies Regulation (FSR) investigation involving a procurement bid in Portugal that includes a Chinese company. This type of investigation has already caused friction in the China-EU economic relationship.
Beijing Implements Trade Truce, Formally Suspends Rare Earth Export Controls and Lifts Bans on U.S. Agriculture
The Chinese government has formally implemented key commitments from its recent trade truce with the United States, issuing a series of official documents to de-escalate economic tensions. The measures include the suspension of export controls on some items, and the lifting of sanitary bans on some U.S. goods.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
China and the U.S. announced that they had reached an agreement resulting in the temporary suspension of specific tariffs and non-tariff measures. In a fact sheet, the Trump administration offered its perspective on what had been agreed to with China as
MOFCOM Clarifies U.S. Trade Status, Seeks EU Deal and CPTPP Accession
At today's press conference, a Ministry of Commerce (MOFCOM) official clarified the bilateral trade deal with the U.S., restated MOFCOM's stance on the Nexperia dispute and its commitment to CPTPP accession, and expressed interest in exploring China-EU deals.
Appeals Court Declines To Block Florida Law Banning Chinese Citizen Property Purchases
A U.S. court of appeals has declined to issue a preliminary injunction blocking a Florida law that bans property purchases by Chinese citizens and certain other people.
U.S. Court Rejects Lawsuit Pushing New Trade Plan on Trump Administration
An independent researcher with a proposal for how the U.S. government should address concerns about the trade relationship with China filed a lawsuit to force the government to respond, but a court rejected the claims based on a finding that he did not have standing.
China Lifts Tariffs on U.S. Farm Goods, Drops Sanctions on Dozens of Firms
Today, the Chinese government announced a rollback of some retaliatory measures, including tariffs on key agricultural products and sanctions on U.S. entities, as Beijing took another step to implement a recent trade deal with the United States to deescalate the ongoing economic tensions.