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.
Trump Tariff Letters, Trade Deals Target Chinese Transshipment
In recent days and weeks, President Trump's trade negotiating agenda has set its sights on preventing transshipment of Chinese goods through third countries, in particular countries in Southeast Asia.