Simon Lester

CTM Weekly Newsletter

This past week, CTM covered the following issues: * Chinese official meetings, agreements, and discussions with Brazil and Pacific islands countries; new customs SPS announcements; and new environmental regulations. * Statements by Biden administration officials on China trade issues, and Congressional pressure on the Biden administration on these issues. * Updates on the
BIS

U.S. Under Secretary of Commerce for Industry and Security Sets Tough Tone on China Trade Issues

At an Atlantic Council event this week, U.S. Under Secretary of Commerce for Industry and Security Alan Estevez talked about various trade issues with Keith Krach, who was Under Secretary of State for Economic Growth, Energy, and the Environment during the Trump administration. Both Estevez and Krach offered an

Republican Senators Raise Concern about Proposed Chinese Acquisition of Forbes

Four Republican Senators sent a letter to Treasury Secretary Janet Yellen yesterday in order to raise concerns about "the proposed acquisition of Forbes by an entity linked to the Chinese Communist Party," and urging a CFIUS investigation.

Bipartisan Group of Senators Urges President Biden to Keep Section 301 Tariffs in Place, Enforce Phase One Deal

As a review of the U.S. Section 301 tariffs on China looms, and the Biden administration faces a difficult decision as to what to do with those tariffs, a bipartisan group of Senators is putting pressure on the administration not to remove the tariffs.

Australian Company with Key Chinese Shareholder Brings ISDS Complaint Against Denmark, Greenland on Rare Earth Mine

Greenland Minerals A/S ("GMAS") has brought a contract-based ISDS complaint against the governments of Greenland (known as "Naalakkersuisut") and Denmark in response to a Greenland law that bans uranium prospecting, exploration, and exploitation, and which interferes with the company's Kvanefjeld rare earths project

USTR General Counsel Comments on U.S. Trade Policy Towards China

At a conference at Georgetown University Law Center today, Greta Peisch, the General Counsel at the Office of the U.S. Trade Representative, was asked about U.S. trade policy towards China, in general and on various specific issues.

New Think Tank Report Considers Size of Chinese Industrial Subsidies, Compares to Other Countries

A new report published by the think tank CSIS attempts to quantify Chinese industrial subsidies and compares them to the subsidy levels of certain other industrialized countries. One of its core findings is that while all of these countries provide subsidies, China's subsidies are higher as a percentage
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