Simon Lester
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Meetings with Indonesia deepened trade cooperation;
* China and the EU held a High-Level Economic & Trade Dialogue;
* Beef imports from a U.S. company were suspended;
* Anti-dumping duties on electrical steel were extended;
* A new paper provides recent
Senate Committee Holds Confirmation Hearing for U.S. Agriculture Negotiator, Chinese Export Restrictions Related to Fertilizers Discussed
The U.S. Senate Finance Committee held a confirmation hearing today for agriculture negotiator Douglas McKalip, and during the hearing McKalip brought up the issue of Chinese restrictions on urea and similar products.
Senate Passes CHIPS Act, Puts Limits on Production in China
U.S. legislation to subsidize semiconductor production has passed the Senate, and will now go the House. A key provision imposes limits on production in China for subsidy recipients.
U.S. Senate Hearing Addresses Global Leadership and Economic Statecraft
At a Senate Foreign Relations Committee hearing today, U.S. Senators offered their views on, and asked Biden administration officials about, issues such as China's trade measures against Lithuania and telecoms competition around the world.
Senator Cramer Comments on Chinese Investment in North Dakota
In a recent TV interview, Senator Kevin Cramer (R-ND) weighed in on the continuing controversy over a planned investment by a Chinese company in North Dakota.
EU Anti-Dumping Duties on Molybdenum Wire from China Extended after Expiry Review
Yesterday, the EU issued a decision that extends existing anti-dumping duties on molybdenum wire from China. As part of its reasoning in the case, the European Commission considered the role of the CCP in the management of the Chinese companies under investigation.
Rubio Offers CHIPS Act Amendments Targeting China
As part of the ongoing U.S. legislative debate over the CHIPS Act of 2022, a piece of legislation that would, among other things, provide over US$50 billion to the domestic semiconductor industry, Senator Marco Rubio (R-FL) has introduced three amendments that would "address critical errors and