At a Committee on Subsidies and Countervailing Measures meeting on May 2, for which the minutes have recently been circulated, WTO Members reviewed subsidy notifications that had been made, including the notifications made by China.

The U.S. Commerce Department has announced a proposed rule that would eliminate the current regulation preventing it from countervailing "transnational" or "cross-border" subsidies, with China's BRI subsidies a likely target of any new countervailing duties.

Senators Maggie Hassan (D-NH) and Bill Cassidy (R-LA) recently introduced a bill designed "to help ensure that the U.S. government more quickly responds to China’s unfair trade practices."

The WTO has just posted a June 30 communication from China entitled "New and Full Notification Pursuant To Article XVI:1 of the GATT 1994 and Article 25 of the Agreement on Subsidies and Countervailing Measures," notifying WTO Members of China's subsidies from 2021-2022.

Earlier this week, U.S. Senators Sherrod Brown (D-OH) and Todd Young (R-IN) introduced the Leveling the Playing Field 2.0 Act, which they characterize as "bipartisan legislation to strengthen U.S. trade remedy laws and ensure they remain effective tools to fight back against unfair trade practices and

A recent WTO complaint filed by Indonesia against EU countervailing and anti-dumping duty measures on Indonesian steel imports involves several claims related to subsidies provided by the Chinese government.

According to a Chinese industry report, the Chinese government provided a total of 12.1 billion yuan (US$1.75 billion) to 190 domestically listed firms in the semiconductor supply chain, with over 40% going to ten companies. In the meantime, these companies are also spending a lot on R&