This past week, CTM covered the following issues. In China: * U.S. Treasury Secretary Yellen’s trip to China * China’s new sanctions on two U.S. defense firms In the U.S.: * The first U.S..-China Commercial Issues Working Group meeting * Second phase of US -Taiwan trade talks

Yesterday, Senator Sherrod Brown (D-OH) called for the U.S. "to ban Chinese-made electric vehicles to protect Ohio autoworkers, and to combat the economic and national security threats posed by Chinese automakers."

Today, China's Ministry of Foreign Affairs announced sanctions against two U.S. defense industry companies for their arms sales to Taiwan.

Earlier this week, the European Commission issued a provisional determination in an anti-dumping investigation on certain alkyl phosphate esters from China, setting duty rates that range from 45.1% to 68.4%.

Today, officials from China's Ministry of Commerce discussed recent EU subsidy investigations against Chinese producers and an EU report on state-induced distortions in China's economy with their EU counterparts.

Today, the European Commission published an updated report on "significant state-induced distortions" in the Chinese economy, which provides a basis for replacing distorted Chinese prices and costs in a particular sector with prices and costs from a third country with undistorted market conditions, as part of an anti-dumping

At a press conference on Monday, several reporters pressed U.S. Treasury Secretary Janet Yellen on the Biden administration's strategy for addressing Chinese industrial overcapacity, in light of her comments about the issue during her visit to China.