While President Trump's ability to impose tariffs through statutory authority delegated by Congress is the focus of attention right now, Congress is also considering tariff actions, with China a likely target through legislation to withdraw China’s Permanent Normal Trade Relations (PNTR) status.

In a recently issued document, Beijing expanded financial services access and committed to national treatment for foreign financial institutions as part of a pilot project.

As Marco Rubio has now been confirmed as the U.S. Secretary of State, his sanctions status is in the spotlight again. China has signaled its willingness to engage with Rubio when "necessary" and "appropriate," highlighting the delicate nature of U.S.-China relations.

A U.S. countervailing duty investigation on file folders from Cambodia is the latest trade remedy investigation to test out the new regulations allowing the Commerce Department to consider transnational subsidy programs as part of its assessment of foreign subsidies.

Earlier this month, the long-awaited China-Maldives Free Trade Agreement entered into force.

In a memorandum to agency heads issued yesterday, President Trump laid out a number of objectives and specific actions related to his trade policy, including many that target China.

Officials of the Ministry of Commerce (MOFCOM) recently touted growing domestic consumption in 2024, in part due to the government's trade-in subsidy programs, and made additional announcements related to the operation of these programs in 2025.