Wine, Dairy, Aircraft Could be Victims of China-EU Spat over Subsidies, Chinese Media Warns
A recent social media post tied to Chinese state media warned against EU actions against Chinese subsidies, stating that "China actually has sufficient countermeasures."
EU Court Advocate General Issues Opinion on Cross-Border Subsidies Case
In an opinion issued last week, Advocate General Tamara Ćapeta of the Court of Justice of the European Union (CJEU) concluded that the European Commission's treatment of cross-border subsidies in anti-subsidy investigations was consistent with EU law.
Members of Congress Propose Tariffs on Autos, Drones
Last week, a U.S. Senator called for additional tariffs on Chinese automobiles, and members of Congress introduced legislation that would impose tariffs on Chinese drones.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Russia-China trade
* MOFCOM comments on "industrial overcapacity" rhetoric related to green goods
* Xi’s visits to Serbia and Hungary
In the U.S.:
* USTR Section 301 tariff review
* Blocked Chinese-linked investment in cryptocurrency mining facility
* Biden administration actions
Biden Administration Adds 26 Textile Companies to UFLPA Entity List
The interagency Forced Labor Enforcement Task Force (FLETF) – which is chaired by the U.S. Department of Homeland Security (DHS) and also includes the Office of the U.S. Trade Representative and the U.S. Departments of Commerce, Justice, Labor, State, and the Treasury – has voted to add 26 companies
Biden Administration Official Highlights Transshipment through Mexico, Other China Trade Concerns
In a speech yesterday, Lael Brainard, the Biden administration's National Economic Advisor, spoke at a think tank on the topic of "Responding to the Challenges of China’s Industrial Overcapacity."
China and Russia Double Down on Trade at 75-Year Milestone
As a celebration of the 75th anniversary of the establishment of diplomatic relations between China and Russia, Russian President Vladimir Putin started his two-day state visit to China, the same day that the eighth China-Russia Expo kicked off. The two sides continue to tighten their trade ties, as both face