China Finalizes EU Brandy Anti-Dumping Probe, Offers Reprieve Through Price Undertakings
Last week, China's Ministry of Commerce (MOFCOM) concluded its 18-month anti-dumping investigation on EU brandy. Effective July 5, final anti-dumping duties of 27.7% to 34.9% will apply, though some companies will be exempted due to price undertakings.
CTM Weekly Newsletter
(July 4 is a holiday in the U.S., so we are posting the newsletter today).
This past week, CTM covered the following issues:
* China-U.S. export control agreement details finalized
* China's sanctions on Philippine politician
* Seafood imports from Japan resumed
* U.S. legislation repeals de minimis exemption
New U.S. Budget Bill Would Repeal De Minimis Exemption
As the U.S. Senate and House work to agree on wide-ranging federal budget legislation, it looks increasingly likely that the final version will repeal the $800 de minimis duty exemption that was enacted in 2015, going a step further than the Trump administration's previous executive action to
China Sanctions Former Philippine Senator
China has sanctioned former Philippine Senate majority leader Francis Tolentino, accusing him of "egregious conduct" detrimental to Beijing's interests, and has banned him from entering mainland China, Hong Kong, and Macao.
Canada Shuts Down Hikvision Operations
The Canadian government has ordered Chinese tech company Hikvision, a major surveillance equipment manufacturer, to close its operations in Canada, citing national security concerns.
Trump Administration Rejects Ninestar Labor Rights Delisting Request
The Trump administration has rejected a request by printing and imaging company Ninestar to be taken off the UFLPA Entity List. The company and the administration are currently trying to work out a way forward in the matter.
China Conditionally Lifts Ban on Japanese Seafood Imports
China's General Administration of Customs (GACC) has conditionally resumed imports of aquatic products from most regions of Japan, reversing a 2023 ban imposed over concerns about wastewater discharge from the Fukushima nuclear plant. The decision follows recent bilateral agreements aimed at restarting the seafood trade after imports from