Simon Lester
EU Extends Anti-Dumping Duties on Tungsten Carbide, Raises Duties on Optical Fibre Cables from China
Today the European Commission announced two actions related to anti-dumping duties on Chinese imports.
U.S.-Taiwan Trade Legislation Takes Effect
Yesterday, President Biden signed into law H.R. 4004, the “United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act,” which "approves" the June 1, 2023 trade agreement between the United States and Taiwan, and establishes requirements for consulting with Congress on future trade agreements between the two.
U.S. Senate Bill Calls for Monitoring of Chinese Subsidies
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."
China Lifts Tariffs on Australian Barley
On Friday, China's Ministry of Commerce (MOFCOM) announced that it was lifting the anti-dumping duties and countervailing duties it had been imposing on Australian barley, resolving a long-running trade dispute.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Export controls on drones
* Government actions on bolstering the private economy and domestic operating systems
* Surveys on China's business environment
* Think tank paper on export controls on gallium and germanium
In the U.S.:
* Government officials' comments
Two Companies Added to UFLPA Entity List
This week, the U.S. Department of Homeland Security (DHS) and the Office of the U.S. Trade Representative (USTR) both published announcements of updates related to the Uyghur Forced Labor Prevention Act (UFLPA).
USTR Official Expresses Concern about "Overdependence" on Chinese EVs
At an event put on by the Washington International Trade Association and the Asia Society Policy Institute, a USTR official outlined U.S. concerns with Chinese electric vehicles and offered a general time-frame for the ongoing Section 301 tariff review.