CTM Weekly Newsletter

This past week, CTM covered the following issues: * China-U.S. tariffs and trade relations * MOFCOM export control list * China-Peru FTA upgrade * Hong Kong-Peru FTA * U.S.-China Economic and Security Review Commission report * WTO Committee on Market Access discussion of tariffs on Chinese imports

U.S.-China Tariff War Looms, Again

As former President Trump gets closer to his return to the Oval Office, speculation has grown about his proposed 60% tariffs on Chinese imports. Simultaneously, momentum is building in Congress to revoke China's Permanent Normal Trade Relations (PNTR) status. These parallel developments could potentially trigger a new round

Experts Discuss U.S.-China Trade after the U.S. Election

At an event yesterday on "US - China trade relations after the US elections," Cecilia Malmström and Mary Lovely of PIIE and Tao Wang of UBS Investment Bank talked about a number of issues related to the future of U.S. - China trade under the incoming Trump
WTO

WTO Market Access Committee Meeting Discusses Canadian, U.S. Tariffs on China

At the meeting of the WTO's Committee on Market Access on November 19 and 20, WTO Members discussed the tariffs recently imposed by Canada on Chinese EVs and other goods, as well as new U.S. tariffs on EVs and a Section 301 investigation on shipbuilding and related

Hong Kong and Peru Sign Trade Agreement

Last week, the Hong Kong and Peruvian governments signed a free trade agreement, which they anticipate will help both sides to expand market access for their companies.

U.S.-China Commission Issues 2024 Report to Congress

The U.S.-China Economic and Security Review Commission issued its annual report to Congress today, including a number of findings on economic issues.

New Development in China's Export Controls: First Dual-use Item List

China's Ministry of Commerce (MOFCOM) has unveiled a unified list of dual-use items subject to export controls, marking a significant step in streamlining the country's export control regime. The new list, which will take effect on December 1, 2024, aims to consolidate existing regulations and align
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