Total 40 Posts
In a statement published this week, the China Association of Automobile Manufacturers urged the European Union to use caution in its anti-subsidy investigation, warning that it may harm the EU EV industry and global carbon neutrality goals.
At a recent think tank event, EU and U.S. trade officials responded to questions about the recently announced European Commission anti-subsidy investigation on imports of Chinese electric vehicles.
A Chinese company's investment in a battery-making facility in the state of Illinois has just been announced, even as a similar investment in Michigan continues to generate controversy.
As CTM reported in early May, at the May 2 meeting of the WTO's Committee on Subsidies and Countervailing Measures, a number of issues were raised by other WTO Members about China's subsidy policies; and China brought up concerns with certain U.S. measures, including the Inflation Reduction Act (IRA)
At a Committee on Subsidies and Countervailing Measures meeting on May 2, for which the minutes have recently been circulated, WTO Members reviewed subsidy notifications that had been made, including the notifications made by China.
The U.S. Commerce Department has announced a proposed rule that would eliminate the current regulation preventing it from countervailing "transnational" or "cross-border" subsidies, with China's BRI subsidies a likely target of any new countervailing duties.
Senators Maggie Hassan (D-NH) and Bill Cassidy (R-LA) recently introduced a bill designed "to help ensure that the U.S. government more quickly responds to China’s unfair trade practices."