Last week, China's Ministry of Finance announced a plan to adjust value-added tax (VAT) export rebate policies applying to solar and battery products, a move that could cool the price wars and ease trade tensions.

The European Commission announced today that it was issuing a Guidance Document "on the submission of price undertaking offers in the context of the anti-subsidy duties in place on battery electric vehicles (BEVs) from China." This provides a framework for individual companies to negotiate price undertakings which allow

China has overhauled its tariff structure for the new year, lowering tariff rates temporarily for 935 tariff items. The target of this move is high-tech components, green materials and medical goods, as China looks to upgrade its industrial base and support its climate and public health goals.

Congressmen Ritchie Torres (D-NY) and Zach Nunn (R-IA) sent a letter to Treasury Secretary Scott Bessent calling for an immediate national security review of the proposed acquisition of iRobot by a company with ties to China. iRobot is best known for its Roomba line of robotic vacuum cleaners.

This past week, CTM covered the following issues. Starting in China, China and South Korea signed a sweeping package of government and private-sector agreements this week during a state visit by South Korean President Lee Jae-myung. China's Ministry of Commerce (MOFCOM) announced that it will tighten export controls

On January 7, China's Ministry of Commerce (MOFCOM) announced an anti-dumping investigation on a key semiconductor chemical from Japan, in a move that could add a new trade friction point between the two Asian neighbors.

In a move late last year, which was updated yesterday, the U.S. Federal Communications Commission (FCC) took action that will prevent the authorization of new imported drones, with Chinese industry leaders DJI and Autel Robotics to feel the biggest impact.