Trump Administration Initiates National Security Investigations on Semiconductor Products, Pharmaceuticals
Yesterday, the Trump administration posted notices indicating that it would be proceeding with national security investigations under Section 232 of the Trade Expansion Act of 1962 related to imports of semiconductors and semiconductor manufacturing equipment and of pharmaceuticals and pharmaceutical ingredients.
Overview of China's Q1 2025 Trade Data
A press conference held by China's State Council Information Office provided an overview of the country's import and export performance in the first quarter of 2025. Touting the total trade in the first quarter reaching 10.3 trillion yuan (approximately 1.4 trillion USD), Chinese officials
China to Limit U.S. Movie Imports
As part of the broader Chinese retaliation against recent U.S. tariffs, the China Film Administration stated last week that it will limit movie imports from the United States.
Trump Administration Carves out Smartphones, Computers, Semiconductors from "Reciprocal Tariffs"
In a significant scaling back of its "reciprocal tariffs," the Trump administration has exempted key electronics products such as smartphones and semiconductors from these tariffs, although U.S. officials also made clear that tariffs on these products were coming soon through a different statutory process.
U.S. Senator Introduces Bill to Ban Chinese "Connected Vehicles"
Senator Elissa Slotkin (D-MI) has introduced a bill to strengthen existing regulatory restrictions on the sale of Chinese connected vehicles in the United States.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
The tit-for-tat tariff war between the U.S. and China:
* U.S tariffs and China’s retaliatory tariffs
* China’s other responses to the U.S. tariffs
* State Council White Paper on bilateral economic and trade relations
* China’s WTO challenge on
China Retaliates with 125% Tariffs, Dismisses "Numbers Game"
Today, in what is likely the final episode of this week's tariff war escalation, Beijing announced the new rate for U.S. goods, matching the 125% imposed by the Trump administration on Chinese goods under the "reciprocal tariffs."