This past week, CTM covered the following issues. In China: * Xi-Scholz meeting * China-El Salvador trade talks  * New investment rules on value-added telecom business * Phasing out U.S. chips in telecom system * Comments on U.S. Section 301 investigation on shipbuilding and tariffs on Chinese metals  * Comments on U.S. industrial

The Chinese Ministry of Commerce (MOFCOM) voiced "firm opposition" against a new Section 301 investigation on Chinese shipbuilding and other sectors, and also against President Biden's calls for raising tariffs on Chinese metal imports, labelling them a violation of international trade rules and vowing to take

Yesterday, President Biden called for increasing tariffs on Chinese steel and aluminum, as well as addressing problems related to transshipment of Chinese steel and aluminum through Mexico.

At a Senate Finance Committee hearing on U.S. trade policy today, U.S. Trade Representative Katherine Tai was asked about several China related trade issues: The Section 301 investigation on shipbuilding/maritime issues and use of Section 301 more generally; the review of the Section 301 tariffs on Chinese

Today, China and El Salvador officially kicked off talks for a bilateral trade agreement.

A recent report reveals that China is phasing out U.S. chips in its telecom system, a move likely driven by the broader U.S.-China technology rivalry, as both sides seek to bolster the security of their technology supply chains.

The U.S. Trade Representative's Office (USTR) announced today that it has initiated an investigation into Chinese practices in the maritime, logistics, and shipbuilding sectors.