In an interview yesterday, U.S. Treasury Secretary Scott Bessent weighed in on several key U.S.- China trade issues: rebalancing of the Chinese economy, a possible Xi-Trump meeting, rare earth export controls, fentanyl tariffs, and the idea of Chinese investment in the U.S. as a way to

Yesterday, China and the U.S. agreed to extend the pause in the tariff escalation that had resulted from the Trump administration's "reciprocal tariffs," with the result of the pause being that the existing tariff situation will remain in place until November 10 as negotiations continue.

The Financial Times reported yesterday that the Trump administration has worked out a deal with Nvidia and AMD under which the semiconductor companies will be granted export licenses on chip sales to China, and in return the companies will give the U.S. government 15% of the revenue from these

In its third party submission in the WTO complaint brought by China against Türkiye's EV duties and related measures, the U.S. has cited China's "non-market industrial policy measures" and "excess capacity" in support of Türkiye's legal defenses.

This past week, CTM covered the following issues: * China-U.S. Stockholm meeting * Antitrust decision on Synopsys-Ansys merger * MOFCOM comments on export controls * New development on CK Hutchison’s sale of its port business * Taliban termination of oil extraction contract with Chinese investors * Trump administration’s comments on China’s economy

For many years now, the U.S. government has complained about the Chinese economy being driven by exports of manufactured goods, rather than by domestic demand. The Trump administration is continuing this focus, although its language and approach diverge a bit from that of the Biden administration.

Yesterday, the Department of Commerce’s Bureau of Industry and Security (BIS) imposed "an administrative penalty" of $95 million on Cadence Design Systems Inc. for "illegal exports of Electronic Design Automation (EDA) hardware and software and semiconductor design technology" to Chinese parties on the Entity List.