CTM Weekly Newsletter

This past week, CTM covered the following issues. In China: * Meetings with Indonesia deepened trade cooperation; * China and the EU held a High-Level Economic & Trade Dialogue; * Beef imports from a U.S. company were suspended; * Anti-dumping duties on electrical steel were extended; * A new paper provides recent

Swedish Appeals Court Upholds Government’s High-Risk Vendor Designation of Huawei

A Swedish Administrative Court of Appeal recently upheld a lower court's ruling in support of a government decision to ban Huawei equipment in its 5G market, citing national security concerns.

Senate Committee Holds Confirmation Hearing for U.S. Agriculture Negotiator, Chinese Export Restrictions Related to Fertilizers Discussed

The U.S. Senate Finance Committee held a confirmation hearing today for agriculture negotiator Douglas McKalip, and during the hearing McKalip brought up the issue of Chinese restrictions on urea and similar products.

Senate Passes CHIPS Act, Puts Limits on Production in China

U.S. legislation to subsidize semiconductor production has passed the Senate, and will now go the House. A key provision imposes limits on production in China for subsidy recipients.

China and Indonesia Vow More Trade in Agricultural Products

Chinese leaders met with the Indonesian President recently and vowed to further deepen cooperation in trade and investment, energy, mining, agriculture, and the Belt and Road Initiative. Pineapples and palm oil are among the commodities for which trade could be boosted by this visit.

U.S. Senate Hearing Addresses Global Leadership and Economic Statecraft

At a Senate Foreign Relations Committee hearing today, U.S. Senators offered their views on, and asked Biden administration officials about, issues such as China's trade measures against Lithuania and telecoms competition around the world.
SPS

Unresolved Issue on Beef Feed Additive Leads to Suspension of U.S. Company's Exports to China

China's Customs agency announced that it would suspend beef imports from a U.S. company due to the detection of an illegal substance, an outstanding issue that the United States and China were supposed to work on under the Phase One Agreement.
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