Barely a week after high-level trade talks in Geneva aimed at easing bilateral tensions, tensions over export controls have risen. China has sharply criticized new U.S. guidance tightening export controls on Chinese chips, and has initiated the mechanism created by the bilateral talks to address the issue. This could

In a recent development, the U.S. Department of Commerce rescinded the Biden-era AI Diffusion Rule, and announced new guidance to tighten chip-related export controls related to China.

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.

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

At the meeting of the WTO's Committee on Market Access on November 19 and 20, 2024, for which the meeting minutes were recently circulated, WTO Members discussed China's Export Control Law and "restrictions on trade in strategic products."

Two major U.S. chipmakers recently made investment filings indicating that U.S. government export controls on their chips are intensifying, with additional chips facing restrictions.

In the latest round of the trade war, China has retaliated against the U.S. 84% tariff rate with its own 84% tariff, and has made a few new sanctions announcements as well.