Türkiye Imposes 40% Tariff on Chinese Autos; China Says It Violates WTO
Starting in July, Türkiye will extend the 40% additional tariffs on Chinese electric vehicles to other kinds of vehicles, despite the fact that China has questioned the WTO-consistency of the tariff hike on various occasions.
Australia and China Announce Implementation Period in WTO Anti-Dumping Dispute
Australia and China have announced an agreement on the reasonable period of time for Australia to implement the recommendations and rulings in the Australia — AD/CVD on Certain Products (China) (DS603) WTO dispute.
Chinese Premier Visits Australia, Trade Relations Continue To Improve
Chinese Premier Li Qiang just concluded a trip to Australia, as the two sides continue efforts to mend their economic relationship after several years of tensions.
China Starts Anti-Dumping Investigation on EU Pork Products
Today, China's Ministry of Commerce announced that it will launch an anti-dumping investigation on pork and pig by-products from the European Union, potentially hurting Spanish exports the most.
DHS Adds Seafood, Aluminum, Footwear Entities to UFLPA List
Last week, the U.S. Department of Homeland Security (DHS) announced the addition of three China-based seafood, aluminum, and footwear companies to the Uygur Forced Labor Prevention Act (UFLPA) Entity List.
U.S. Further Punishes China's Russia Dealings
Last week, the U.S. government sanctioned 46 Chinese entities and individuals for supporting Russia's economy in the defense, technology and manufacturing sectors.
Yellen Speech Hits Familiar Points on U.S.-China Economic Relations
In a speech to the Economic Club of New York last week, Treasury Secretary Janet Yellen reiterated that she is not in favor "decoupling" from China, but that China's high savings and overcapacity are a problem for the Biden administration.
