Simon Lester

Report Suggests U.S./EU Considering Steel/Aluminum Tariffs on China, Others

A report from yesterday indicates that the Biden administration is pressing the European Union to agree to a plan that would impose tariffs on imports of steel and aluminum, from China and elsewhere, if it has high carbon emissions and constitutes "non-market" production leading to overcapacity. Such

UK Parliament Debates Restrictions on Chinese Surveillance Cameras

Last week, the UK's House of Lords discussed an amendment to a procurement bill that would further exclude Chinese-made surveillance technology from the supply chain.

U.S. Commerce Secretary Talks U.S.-China Competition

In an interview yesterday with CNN's Fareed Zakaria, Commerce Secretary Gina Raimondo talked about a number of issues related to U.S.-China economic competition.

Republican Members of Congress Introduce Legislation on Divestment from Chinese Companies

Last week, two Republican members of Congress introduced legislation that they say would "force non-profits, university endowments, public pension plans, and any other tax-exempt entity to divest from Chinese companies or lose their tax-exempt status."

European Parliament Discusses Taiwan Trade Issues

At a meeting last week, the European Parliament discussed the EU-Taiwan trade and investment relationship, with Members expressing support for closer ties.

CTM Weekly Newsletter

This past week, CTM covered the following issues. In China: * Tariff exclusions on U.S. products and food import approvals from ASEAN countries * High-level meetings with Mongolia on trade cooperation * MOFCOM comments on U.S. trade restrictions * Draft revision of competition rules * November data on manufacturing and services raising

China Not a Currency Manipulator, But Still on Monitoring List, Says U.S. Treasury Report

In November, the U.S. Treasury Department issued its biannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." China was not found to be a currency manipulator, but was kept on a "monitoring list."
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