Last month, China's Customs started allowing Austrian dairy and pork products to enter the Chinese market. On the other hand, it also suspended imports of some meat products from three countries due to animal disease concerns.

At the March 20-22, 2024 WTO SPS Committee meeting, the U.S. made two statements relating to issues it had previously raised on Chinese measures, on the listing of foreign establishments able to export to China and on import restrictions based on avian flu, and later submitted those statements as

This past week, CTM covered the following issues. In China: * China-Netherlands meetings  * Officials meeting with global CEOs * New rules on cross-border data flows * Termination of trade remedies on Australian wine * New negative lists for services trade In the U.S.: * Revisions to U.S. anti-dumping and countervailing duty regulations * New

Last month, the European Commission announced the first ever in-depth investigation under its new Foreign Subsidies Regulation, targeting CRRC Qingdao Sifang Locomotive Co., Ltd., a subsidiary of CRRC Corporation, a Chinese state-owned train manufacturer. In reaction to that investigation, CRRC withdrew its bid for a Bulgarian procurement contract.

The WTO has now circulated China's request for consultations related to the U.S. Inflation Reduction Act (IRA) tax credits.

Over the past week, officials of China's Ministry of Commerce met with Dutch Minister for Foreign Trade and Development Cooperation and representatives of over 20 multinational companies. At today's press conference, MOFCOM disclosed more details about these meetings.

As has been anticipated for a few months, China is removing anti-dumping and countervailing duties on Australian wine. In response, Australia is discontinuing a WTO complaint it had brought against these duties.