This past week, CTM covered the following issues.

China and the U.S. announced that they had reached an agreement resulting in the temporary suspension of specific tariffs and non-tariff measures. In a fact sheet, the Trump administration offered its perspective on what had been agreed to with China as part of recent talks. CTM wrote a piece that focuses on the relief from the Chinese side, which remains conditional and subject to further regulatory action.

Subsequently, the Chinese government announced a rollback of some retaliatory measures, including tariffs on key agricultural products and sanctions on U.S. entities, as Beijing took another step to implement the deal.

At a press conference on Thursday, a Ministry of Commerce (MOFCOM) official clarified the bilateral trade deal with the U.S., restated MOFCOM's stance on the Nexperia dispute and its commitment to CPTPP accession, and expressed interest in exploring China-EU deals.

The dispute involving Dutch chip company Nexperia and its Chinese subsidiary has recently escalated. This week, China issued a sharp rebuke to the Netherlands over the government's intervention in Nexperia and its alleged lack of a "constructive attitude and action," directly blaming the Dutch government for causing "turbulence and chaos" in the global semiconductor supply chain.

Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping on the margins of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in South Korea. Several trade issues were discussed, although nothing has been resolved yet.

In the U.S., plans for a Chinese-owned battery component factory in Michigan have now officially fallen through, leading to questions about the extent to which Chinese investment in the U.S. is possible in the current political climate.

In the courts, a U.S. court of appeals has declined to issue a preliminary injunction blocking a Florida law that bans property purchases by Chinese citizens and certain other people.

And an independent researcher with a proposal for how the U.S. government should address concerns about the trade relationship with China filed a lawsuit to force the government to respond, but a court rejected the claims based on a finding that he did not have standing.