MOFCOM Pushes Back on U.S. Section 301 Investigation and Tariffs
The Chinese Ministry of Commerce (MOFCOM) voiced "firm opposition" against a new Section 301 investigation on Chinese shipbuilding and other sectors, and also against President Biden's calls for raising tariffs on Chinese metal imports, labelling them a violation of international trade rules and vowing to take
President Biden Calls for Tripling Section 301 Tariffs on Chinese Steel/Aluminum as Part of Review
Yesterday, President Biden called for increasing tariffs on Chinese steel and aluminum, as well as addressing problems related to transshipment of Chinese steel and aluminum through Mexico.
U.S. Trade Rep. Testifies at Senate Hearing, Talks China Trade
At a Senate Finance Committee hearing on U.S. trade policy today, U.S. Trade Representative Katherine Tai was asked about several China related trade issues: The Section 301 investigation on shipbuilding/maritime issues and use of Section 301 more generally; the review of the Section 301 tariffs on Chinese
China and El Salvador Officially Begin Trade Talks
Today, China and El Salvador officially kicked off talks for a bilateral trade agreement.
China Targets U.S. Chips in Telecoms
A recent report reveals that China is phasing out U.S. chips in its telecom system, a move likely driven by the broader U.S.-China technology rivalry, as both sides seek to bolster the security of their technology supply chains.
USTR Initiates Section 301 Investigation of China's "Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance"
The U.S. Trade Representative's Office (USTR) announced today that it has initiated an investigation into Chinese practices in the maritime, logistics, and shipbuilding sectors.
Xi-Scholz Meeting: Industrial Cooperation, Market Access, and Sustainability
Chinese President Xi Jinping met with German chancellor Olaf Scholz today during Scholz's three-day China trip. Xi defended China's exports and called for bilateral collaboration, especially in machinery, automobiles, and the green transition, while Scholz highlighted market access and the regulatory environment in China.