MOFCOM Adds Three U.S. Defense Companies to Sanction List
On May 20, China's Ministry of Commerce (MOFCOM) announced sanctions on three U.S. companies as it added them to the Unreliable Entity List.
China Auto Expert Calls for Tariffs on Gas-Powered Cars
As Chinese electric vehicles now face mounting tariffs in the United States and potential tariffs in the European Union, a Chinese auto expert has suggested that China raise its own tariffs on large engine cars to achieve green development goals.
Secretary Yellen Calls for "United" U.S.-EU Approach to Chinese Exports
In remarks on "The Importance and Strength of the Transatlantic Alliance," given in Frankfurt, Germany today, U.S. Treasury Secretary Janet Yellen called on EU leaders to find a "united way" forward with the U.S. on a response to threats from Chinese industrial policy.
U.S. Senate Finance Committee Report Finds Automakers Using Forced Labor
A Senate Finance Committee Majority Staff investigation found that certain automakers had imported cars and parts linked to Chinese forced labor.
Canadian Minister Discusses EV Tariffs on China
When asked whether the Canadian government would follow the U.S. lead and impose tariffs on EV imports from China, Canada's Industry Minister suggested in general terms that it was aligned with the U.S., without making a clear commitment on the tariffs.
China Launches Anti-dumping Case against Plastics from U.S., EU, Taiwan, Japan
On May 19, China's Ministry of Commerce started an anti-dumping investigation on polyoxymethylene, generally referred to as POM, copolymers from the United States, the European Union, Taiwan and Japan, after the domestic petitioners argued the plastics were being dumped into the Chinese market at a margin of up
Raimondo Testimony at Senate Budget Hearing Touches on Tariff Evasion through Third Country Production, Auto Data Concerns
At a Senate budget hearing last week, U.S. Secretary of Commerce Gina Raimondo discussed how to negotiate with the Chinese government on trade, tariff evasion through Chinese production in third countries, and data gathered by Chinese connected vehicles.