This past week, CTM covered the following issues: In China: * Beijing’s response to potential TikTok deal and U.S. tariffs * Sanction status of U.S. Secretary of State Marco Rubio * Updates on China’s trade-in subsidy programs to boost domestic consumption  * New policy to open financial services * Potential expansion

At the World Economic Forum today, both President Trump and EU Trade Commissioner Maroš Šefčovič offered comments on some big picture questions surrounding trade relations with China, with Trump complaining about trade deficits and unfairness and Šefčovič also noting concerns with trade imbalances.

While President Trump's ability to impose tariffs through statutory authority delegated by Congress is the focus of attention right now, Congress is also considering tariff actions, with China a likely target through legislation to withdraw China’s Permanent Normal Trade Relations (PNTR) status.

A U.S. countervailing duty investigation on file folders from Cambodia is the latest trade remedy investigation to test out the new regulations allowing the Commerce Department to consider transnational subsidy programs as part of its assessment of foreign subsidies.

In a memorandum to agency heads issued yesterday, President Trump laid out a number of objectives and specific actions related to his trade policy, including many that target China.

In the Hesai Technology litigation over its inclusion on a blacklist of Chinese military companies, the U.S. government has filed a brief opposing the plaintiff's motion for summary judgment, and also its own motion for summary judgment in its favor.

The European Commission requested consultations with China at the World Trade Organization (WTO) today, arguing that "China has empowered its courts to set binding worldwide royalty rates for EU standard essential patents, without the consent of the patent owner," leading to violations of the WTO's TRIPS