U.S. Commerce Department Sets Preliminary Countervailing Duties on Chinese Tin Mill
Last week, the U.S. Department of Commerce took a step towards applying countervailing duties on Chinese tin mill products, with a parallel proceeding on anti-dumping duties still underway.
U.S. House CCP Select Committee Members Push U.S. Automakers away from China
Last week, Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL) of the Select Committee on the Chinese Communist Party met with the CEOs of Ford Motor Co. and General Motors Co. and leading automotive suppliers in Detroit, Michigan, with a goal of figuring "how Congress can help
China Talks to Poland about Expanding Trade
Chinese customs officials visited Poland last week and set the foundation to allow the resumption of imports of Polish beef, as well as market access for Polish berries and pet food.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Chinese Premier Li Qiang's visit to Germany
* Commerce Minister comments on CPTPP application
* Imports of Taiwanese sugar apples and beef from Poland and Belgium authorized
* List of algorithms in deep synthesis service sector published
In the U.S.
New U.S. Legislation Would Require Scrutiny of Chinese "Greenfield" Investments
Legislation introduced in the U.S. Senate would expand the scope for reviewing Chinese investments in the United States to include all real estate purchases that are for the purpose of establishing a business, and, at least formally, ties this new restriction to the Belt and Road Initiative (BRI).
China and Germany Sign Deals on Energy, Environment and Other Issues
During Chinese Premier Li Qiang's visit to Germany this week, the two sides agreed to collaborate on energy and environment, food security and debt issues. While both sides sent positive signals for continued economic engagement, they also used the opportunity to express concerns over the other sides'
U.S. House of Representatives Passes U.S.-Taiwan Trade Deal Legislation
The legislation still needs to be considered by the Senate; legal and political impact unclear.