MOFCOM Clarifies U.S. Trade Status, Seeks EU Deal and CPTPP Accession
At today's press conference, 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.
Appeals Court Declines To Block Florida Law Banning Chinese Citizen Property Purchases
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.
U.S. Court Rejects Lawsuit Pushing New Trade Plan on Trump Administration
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.
China Lifts Tariffs on U.S. Farm Goods, Drops Sanctions on Dozens of Firms
Today, 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 a recent trade deal with the United States to deescalate the ongoing economic tensions.
China Demands Netherlands Halt Interference in Chip Firm After Supply Cut
China has issued a sharp rebuke to the Netherlands over the government's intervention in Dutch-based chipmaker 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.
Gotion Battery Component Factory in Michigan Cancelled
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.
U.S.-China Trade Truce: Status of China's Retaliatory Relief
Last week, China and the U.S. announced that they had reached an agreement resulting in the temporary suspension of specific tariffs and non-tariff measures. This piece focuses on the relief from the Chinese side, which remains conditional and subject to further regulatory action.