Last week, the U.S. Treasury Department issued its semiannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." As has been the usual practice in recent years, China was not found to be a currency manipulator, but was kept

On Friday, a WTO panel circulated its report on China's complaint against tax credits under the U.S. Inflation Reduction Act (IRA). The panel found violations of several WTO obligations, and rejected a U.S. defense based on public morals.

This past week, CTM covered the following issues. The Trump administration has authorized Nvidia to sell its H200 AI chips to China, with a new mechanism designed to allow the government to capture a portion of the profit from the sales, but the path forward for these exports remains precarious,

In a legal text released today for a trade agreement between the U.S. and El Salvador, the Trump administration has continued its push for trading partners to sign on to provisions that target trade with China, on the basis of rights-based, economic, and security concerns.

In 2025, China’s implementation of export controls has shifted into a phase of routinized, high‑intensity enforcement, with a specific target of strategic sectors such as rare earths, advanced materials, drones and sensitive chemicals, according to reports.

In a recent decision, an investment tribunal found for China in a complaint brought by a German spice and food company alleging violations of the China-Germany bilateral investment treaty (BIT) based on actions of a local government.

China's exports of rare earths and products using rare earths rose during the final two months of 2025, according to official Customs data. The year-end growth in both volume and value reflects a broader trend of increased activity after the initial dip in May.