CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* MFA sanctions on U.S. firms and individuals
* New export controls targeting the U.S.
* New measures to bolster trade
* New sanitary and phytosanitary decisions
* Evaluation of China’s industrial policies
In the U.S.:
* Appeals court decision on TikTok
U.S. Appeals Court Ruling Means TikTok Likely To Face Ban
The prospects for TikTok's operations in the United States have taken a big hit today as a U.S. appeals court rejected a constitutional challenge to a statute requiring that the app be divested or banned by January of next year.
Beijing Sanctions Thirteen U.S. Companies
Today, China's Ministry of Foreign Affairs sanctioned another thirteen companies and six high-level executives for U.S. arms sales to Taiwan.
Section 301 Petition on Fentanyl Withdrawn
The U.S. Trade Representative's Office announced this week that a Section 301 petition related to China's "acts, policies, and practices related to its exports of illicit fentanyl to the United States" had been withdrawn.
New Chinese SPS Announcements for Food Imports in November 2024
In November, China's General Administration of Customs of China (GACC) published the following sanitary and phytosanitary (SPS) documents regarding food imports.
WTO Meeting Discusses Canadian EV Surtaxes
At the meeting of the WTO's Council for Trade in Goods this week, China raised the issue of Canada's recent surtaxes on Chinese goods, including on electric vehicles.
Beijing Tightens Export Controls on High-Tech Materials to the U.S.
China's Ministry of Commerce (MOFCOM) announced today that it will strengthen controls over exports of some key high-tech dual-use materials to the United States, an action seen as retaliation against the recent U.S. export control measures targeting China. This is a further escalation of the tech war