CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* China’s retaliatory measures against U.S. tariffs
* Antitrust investigations on U.S. firms
* China-Kyrgyzstan trade talks
* 2024 review of Chinese sanctions
* MOFCOM comments on U.S.-China trade disputes
In the U.S.:
* President Trump imposes 10% tariffs on
MOFCOM Comments on U.S.-China Trade Spats
At today's press conference, the spokesperson for China’s Ministry of Commerce (MOFCOM) addressed several key trade and policy issues, including U.S. tariff measures and China's newly announced sanctions and export controls on rare metals.
Senate Hearing for U.S. Trade Rep. Nominee Touches on Phase One, Other China Issues
At a Senate confirmation hearing for Jamieson Greer, the nominee to be President Trump's U.S. Trade Representative, Senators pressed Greer on a number of issues related to China, including non-tariff barriers and subsidies, and enforcement of the Phase One trade deal.
China and Kyrgyzstan Begin Trade Talks
Yesterday, China and Kyrgyzstan officially kicked off the negotiations for a services trade and investment agreement.
Beijing Turns Antitrust Laws Against American Tech Giants
As U.S.-China trade tensions escalate, Beijing is wielding antitrust laws as a powerful tool to scrutinize American tech firms. Google, Nvidia, and perhaps Apple, are now in the crosshairs. As China tightens its regulatory grip, the outcomes could have far-reaching implications for how U.S. tech companies navigate
China Files WTO Complaint on Trump Tariffs
China's request for consultations at the WTO relating to the Trump administration's 10% tariffs has now been posted on the WTO web site.
The Challenge of Implementing Trump's China Tariffs on De Minimis Shipments
One important element of the recent tariffs imposed by President Trump under the International Emergency Economic Powers Act (IEEPA) was to eliminate the exemption for de minimis shipments (items in amounts of $800 or less), which will have a significant impact on certain retailers who sell products from China directly