Beijing Mulls Raising Tariffs on Auto Imports
As Chinese EV exports are facing the prospect of higher tariffs overseas, Beijing continues to solicit opinions on the potential for raising tariffs on cars with engines larger than 2.5 liters, with the most recent meeting last Friday.
Canada To Match U.S. Tariffs on Chinese EVs, Steel, Aluminum
The Canadian government announced today that it would impose 100% tariffs on imports of Chinese EVs and 25% tariffs on Chinese steel and aluminum, with a public consultation to take place on imposing tariffs on additional products.
In the announcement, Canada's Department of Finance said that "Canadian
China and Belarus Sign Services Trade and Investment Agreement
Last week, during Chinese Premier Li Qiang's visit to Belarus, the two governments signed a number of deals on the BRI and trade, including one on services trade and investment.
European EV CVDs and Japan's Water Discharge Discussed at WTO Meeting
At the April 30/May 1 2024 meeting of the WTO's Council for Trade in Goods, for which the minutes were recently circulated, a number of issues related to trade with China were raised.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
Trade remedy cases:
* China's countervailing duty investigation on EU dairy products
* China’s expiry review of anti-dumping measures on rubber products
* U.S. countervailing duty investigation on Chinese glass wine bottles
* EU anti-dumping investigation on Chinese biodiesel
* EU countervailing duty
China Starts Countervailing Investigation on EU Dairy
On August 21, China's Ministry of Commerce announced that it started a countervailing (anti-subsidy) investigation on EU dairy products, the latest move that could further escalate trade tensions between China and the EU.
U.S. Commerce Department Sets Final Glass Wine Bottles CVD Rates
The U.S. Department of Commerce has announced final countervailing duty rates for glass wine bottles from China, and its reasoning in the case discusses the role of the CCP in Chinese companies.