CTM Weekly Newsletter
This past week, CTM covered the following issues:
* China suspends tariff exemptions on Taiwanese goods
* Forum on China-Africa Cooperation conference
* Conflict and negotiations over EU CVDs on Chinese EVs
* Canadian Parliament discussion of Chinese EV tariffs
* At WTO, China brings up Türkiye's tariffs on Chinese passenger vehicles and
China-EU EV Tariff Talks Continue as Negotiations Fail to Yield Results
China's commerce officials are in Europe this week, intensifying their efforts on negotiations to avoid EU tariffs on Chinese EVs.
U.S. Senators Complain to Biden Administration about China’s "Manipulation" of USMCA
In a letter to the Biden administration this week, a bipartisan group of U.S. Senators pressed the administration to prevent Chinese firms from making investments in Mexico so as to avoid tariffs imposed on imports from China.
China to Suspend Tariff Benefits for Taiwanese Agricultural Goods
Today, Beijing announced that it would suspend tariff exemptions on some Taiwanese goods. This is the most recent development in the cross-strait trade dispute over Taiwan's import bans.
China Cites Turkiye Vehicle Duties, U.S. Section 301 Cases at WTO Meeting
At a recent WTO meeting, China brought up Türkiye's tariffs on Chinese passenger vehicles and new U.S. actions under Section 301.
Main Deliverables of This Year's FOCAC
The recent Beijing Summit and Ninth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) concluded with new pledges for financing, infrastructure development, and trade. These commitments underscore China's continued strategic focus on its relationship with Africa.
New Paper Looks at Economic Implications of U.S. Revoking China’s Permanent Normal Trade Relations Status
With a number of U.S. legislative proposals being offered in recent years to revoke China's Permanent Normal Trade Relations status, a group of economists has tried to evaluate the economic impact of such an action.