This past week, CTM covered the following issues: * China’s retaliatory tariffs on U.S. * MOFCOM comments on sanctions on PVH and Illumina * China's SPS announcements in January * New U.S. 25% tariffs on steel and aluminum * U.S. House hearing on Chinese port investments * Panama’s decision

At a recent press conference, China’s Ministry of Commerce (MOFCOM) answered questions regarding the sanctions on two U.S. companies – PVH and Illumina – and criticized new U.S. tariffs on steel and aluminum.

As part of this week's announcement of higher U.S. tariffs on aluminum, the Trump administration has pointed to Chinese exports to Mexico as a concern.

Earlier this month, Panama's President Jose Raul Mulino announced his nation's decision to withdraw from China's Belt and Road Initiative (BRI). The decision comes amidst mounting U.S. concerns over China's growing influence in Panama, particularly around the Panama Canal, a critical

The U.S. House of Representatives' Committee on Homeland Security held a hearing today on "Examining the PRC’s Strategic Port Investments in the Western Hemisphere and the Implications for Homeland Security."

China's General Administration of Customs (GACC) opened the door to a few more food items from Spain, Laos and Bolivia, while suspending multiple imports including poultry, pork, beef and lamb due to various animal diseases.

Today, President Trump announced 25% tariffs on imports of steel and aluminum, strengthening some of the trade restrictions from his first term in office.