Reps. Jared Golden (D-ME) and Greg Steube (R-FL) have introduced the Secure Trade Act, a bill that raises tariffs on imports, including from China, and expands federal scrutiny of foreign investments.

The Chinese government has submitted its views to the Department of Commerce in two recently initiated Section 232 national security investigations, on imports of unmanned aircraft systems (UAS or drones) and polysilicon.

China has responded to a new set of Canadian restrictions on Chinese steel by filing a WTO complaint against the Canadian measures.

This past week, CTM covered the following issues: In China: * U.S.-China trade deal * Questions on security of Nvidia’s H20 chips * MOFCOM preliminary antidumping duties on Canadian canola seeds * Extension of beef safeguard investigation * Sanctions against EU banks * China’s rare earth export data  In the U.S.

Last week, the Committee on Foreign Investment in the United States (CFIUS), an interagency body that reviews certain transactions involving foreign investment in the United States to determine the effect on national security, released its annual report to Congress for 2024.

In an interview yesterday, U.S. Treasury Secretary Scott Bessent weighed in on several key U.S.- China trade issues: rebalancing of the Chinese economy, a possible Xi-Trump meeting, rare earth export controls, fentanyl tariffs, and the idea of Chinese investment in the U.S. as a way to

Yesterday, China and the U.S. agreed to extend the pause in the tariff escalation that had resulted from the Trump administration's "reciprocal tariffs," with the result of the pause being that the existing tariff situation will remain in place until November 10 as negotiations continue.