U.S. Court Rejects Hesai Attempt To Get Off Blacklist
In a ruling on Friday, a U.S. district court judge granted summary judgment to the U.S. government in a lawsuit by Hesai Technology, an electronics company headquartered in Shanghai, that argued it had been wrongly placed on a U.S. government blacklist.
Trump Administration Uses CFIUS To Unwind Equipment Company Purchase
In what could be a sign of things to come for other existing Chinese investments in the U.S., the Trump administration is ordering the divestment of a 2020 purchase of a U.S. audiovisual equipment company.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* MOFCOM anti-dumping investigations on brandy, toluidine, and steel products
* Sanctions on Taiwanese companies
* Procurement restrictions on EU medical device companies
* Vietnam-China trade relations
* U.S. copper tariffs
* U.S. actions to address transshipment
* U.S. actions to restrict Chinese ownership of farmland
China Extends Anti-Dumping Duties on Chemicals and Steel Products
China's Ministry of Commerce (MOFCOM) recently finalized the expiry reviews of anti-dumping measures on EU toluidine and anti-dumping duties on stainless steel billet and hot-rolled stainless steel plates/coils from the EU and three other trading partners.
Trump Administration To Crack Down on Chinese Purchases of U.S. Farmland
The issue of Chinese ownership of U.S. farmland has become a hot button one in recent years, and the Trump administration has announced a new plan that addresses this and other issues related to agricultural security.
China Sanctions Eight Taiwanese Defense-Linked Firms
Today, China's Ministry of Commerce (MOFCOM) announced sanctions on eight Taiwanese companies, including major aerospace and shipbuilding firms, subjecting them to stricter export control measures.
Trump Announces 50% Copper Tariffs
Yesterday, President Trump and Commerce Secretary Howard Lutnick said that 50% tariffs on copper would be imposed soon, on the basis of "national security" concerns.