CTM Weekly Newsletter
This past week, CTM covered the following issues:
China-U.S. tariff war:
* U.S.-China trade truce
* China temporary suspensions of sanctions
* Uncertainties about other Chinese non-tariff measures
* Adjustment of U.S. de minimis tariff exemption
In China:
* China turning toward South America for agricultural purchases
* China tightens enforcement of
China's Farm Trade Pivot to South America
While the Chinese government and the Trump administration have recently tried to cool down trade tensions, tariffs on U.S. agricultural products are still in effect, and Beijing's efforts to secure alternative sources continue.
EU Preliminarily Finds TikTok Violates Digital Services Act
The European Commission announced a preliminary finding that TikTok "does not fulfil the Digital Services Act (DSA)'s obligation to publish an advertisement repository."
WTO Committee Meeting Discusses Reciprocal Tariffs, Other Trade Barriers
At the WTO's Committee on Market Access meeting held on May 13-14, there were discussions of the recent U.S. tariffs, as well as allegations about Chinese restrictions on imports of coffee beans and macadamia nuts.
Beijing Suspends Sanctions against 45 U.S. Firms
As part of the trade war truce between the U.S. and China, Beijing has announced a temporary suspension of key retaliatory measures targeting American companies.
China Tightens Legal Enforcement of Export Controls on Strategic Materials
Despite a recent easing of some trade tensions with the United States, China is signaling a firm stance on existing export control measures, particularly those targeting strategic minerals. Recent government statements and actions indicate a heightened effort to enforce these controls, crack down on circumvention, and potentially pressure other trading
Canada, China Move Forward with WTO Complaints Against Each Other
This week, Canada and China both filed requests for WTO panels in complaints against each other, setting the stage for the WTO's Dispute Settlement Body to establish panels to hear the complaints.