CTM Weekly Newsletter
This past week, CTM covered the following issues:
On trade:
* MOFCOM officials comment on trade flows
* New U.S. bill on tariffs
* U.S. soybean association petitions for a China trade deal
* USTR seeking comments on China’s WTO compliance
On technology:
* Taiwan’s first trade secret investigation under national
Trump Administration Starts Section 232 Investigation on Wind Turbines
The Trump administration announced today that it would be conducting a national security investigation under Section 232 of the Trade Expansion Act of 1962 related to imports of wind turbines and their parts and components.
Chinese Trade Shifts More Toward Emerging Markets
Chinese trade officials from the Ministry of Commerce (MOFCOM) noted that trade with emerging markets now constitutes 65.5% of the nation's total trade, occurring amidst ongoing trade tensions with the U.S. and other developed economies. Year-to-date figures underscore this pivot, with trade volumes with key partners
U.S. Soybean Farmers Urge President to Secure China Deal Amid Plummeting Exports
The American Soybean Association (ASA) has petitioned the White House for a trade deal with China, advocating for the removal of existing tariffs and the inclusion of soybean purchase commitments. The appeal comes as customs data reveals a sharp decline in U.S. agricultural exports to China, highlighting the mounting
Taiwan Launches First National Security Probe into Critical Tech Theft
Taiwanese authorities have launched the first investigation under national security laws into alleged trade secret theft of key technology from Taiwan Semiconductor Manufacturing Co (TSMC), a global leader for advanced chip production. The probe, focusing on the illicit acquisition of TSMC's 2-nanometer technology, underscores heightened efforts to safeguard
USTR Seeking Comments, Will Hold Hearing on China's WTO Compliance
As part of a statutorily-mandated annual process, the Office of the U.S. Trade Representative is seeking comments and holding a hearing in relation to China's compliance with its WTO obligations.
China's WTO Complaint on Canadian Steel, Aluminum Restrictions Now Available
China's request for WTO consultations on recent Canadian measures restricting Chinese steel and aluminum has been been posted on the WTO website, with China's legal claims now set out in detail.