This past week, CTM covered the following issues: * Trade conflict over Chinese EVs * MFA sanctions * Lawsuit against Texas prohibition on China-linked renewable energy investments * Australia-China lobster deal * WTO committee meeting discusses U.S.-Japan-Netherlands export restrictions related to semiconductors, Türkiye's EV tariffs, and Taiwan's wind sector

Chinese electric vehicles (EVs) are facing increasing challenges in multiple domestic markets around the world, confronting tariffs and other restrictive measures. In response, China has adopted a multifaceted approach, employing both unilateral and multilateral strategies to retaliate against these trade barriers. The new development could escalate tensions and potentially lead

At the March 2024 WTO Committee on Market Access meeting, for which the minutes were recently released, Members discussed a range of issues related to China trade, including the U.S.-Japan-Netherlands export restrictions related to semiconductors and Türkiye's EV tariffs.

Recently released minutes from a WTO Committee on Market Access meeting offer more information about an EU complaint on alleged local content requirements in Taiwan's wind sector policies.

After Australia and China reached agreement on allowing lobster exports to China, Australian government officials have denied that there was a "quid pro quo" deal in which Australia now owes China something, with China's application to join the CPTPP mentioned in this context.

Over the past month, China's Ministry of Foreign Affairs (MFA) announced two sets of sanctions measures on twelve U.S. companies and ten executives of sanctioned entities, citing arms sales to Taiwan.

After CFIUS approved a property purchase related to a Chinese company starting a wind farm project near an Air Force training base, the state of Texas took action that prohibited certain renewable energy investments by the company. The Chinese company is now challenging the Texas actions as unconstitutional.