A trilateral meeting among Chinese Premier Li Qiang, Japanese Prime Minister Fumio Kishida, and South Korean President Yoon Suk-yeol led to an agreement to elevate negotiations on a trilateral free trade agreement, as well as some bilateral mechanisms to revive trade and investment.

At a hearing of the U.S.-China Economic and Security Review Commission last week, a panel on "Coordinating Strategy with Key Trade Partners" sought perspectives on how the U.S. government might encourage allies to adopt similar trade policies related to China.

At a Washington International Trade Association event last week, a number of U.S. trade experts discussed the reasons that the Biden administration imposed new tariffs on Chinese electric vehicles (EVs), as well as various possible new developments and Chinese reactions.

This past week, CTM covered the following issues. In China: * Three sanctions announcements * MOFCOM anti-dumping investigation on POM copolymers * Calls for auto tariffs and other countermeasures against U.S. and EU trade measures * MOFCOM comments on sanctions, anti-dumping investigations, and potential tariffs In the U.S.: * Trade remedy investigations against

At today's press conference, the spokesperson for China's Ministry of Commerce (MOFCOM) offered comments on the new additions to the Unreliable Entity List, a new anti-dumping investigation on U.S. and EU plastics, and potential tariffs on gasoline-powered cars.

At a hearing of the U.S.-China Economic and Security Review Commission today, a panel on "U.S. Trade Strategy to Address China’s Nonmarket Practices" examined the issue of whether the U.S. should withdraw Permanent Normal Trade Relations (PNTR) for China and also discussed whether

On May 22, China's Ministry of Foreign Affairs (MFA) announced that it would sanction twelve U.S. defense companies, including several units of General Dynamics and Lockheed Martin, and ten high-level executives of sanctioned companies.