China Reports Progress on Key EU Issues: EVs, Brandy, Rare Earths
Last week, European Union trade chief Maros Šefčovič and Chinese Commerce Minister Wang Wentao met in France and made progress on the EU anti-subsidy case on Chinese EVs, China's anti-dumping case on EU brandy, and China's rare earth export control policies, according to officials from China&
U.S. Treasury Report: China Not a Currency Manipulator, Remains on Monitoring List
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
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* China-U.S. trade spat over implementation of the Geneva agreement and export controls
In China:
* April export data for controlled rare earths
* Alarm over auto price war
In the U.S.:
* Senator's letter calling for investigation of Chinese-linked trucking company
EU Officials Talk China-EU Trade Relations
At the Brussels Economic Security Forum today, European Commission officials and other experts offered comments and perspectives on EU-China economic relations and China's participation in the WTO.
China's Rare Earth Controls: April Data Shows Drop in U.S. Shipments, But Overall Global Stability
The implementation of China's export controls on rare earths in early April has increased trade tensions with the United States. During the first month of these new restrictions, customs data reveals a 16.3% contraction in rare earth exports to the U.S., while China's overall
U.S. Senator Urges Investigation of Chinese Autonomous Truck Company
Senator Josh Hawley (R-MO) has written a letter to U.S. Attorney General Pam Bondi pushing the Department of Justice to investigate TuSimple Holdings Inc., a Chinese-linked autonomous trucking company located in California, "for potential violations of U.S. export controls, unauthorized transfers of sensitive technology to the People’
Beijing Calls for Stronger WTO Role Amid Global Trade Tensions in Meeting with WTO DG
During a meeting with WTO Director-General Dr. Ngozi Okonjo-Iweala yesterday, China's Commerce Minister Wang Wentao called for the World Trade Organization to strengthen its oversight of unilateral tariffs and accelerate reforms.