Total 28 Posts

China's New Law Authorizes Retaliatory Tariffs

Last Friday, China passed its first Tariff Law, which contains language providing for retaliatory measures including tariffs against any violations of World Trade Organization rules and other bilateral and regional agreements.

Under U.S. Pressure, Mexico Reduces Steel Imports from China

Last week, President Biden pushed for the tripling of existing Section 301 tariffs on Chinese steel and aluminum, and the White House made clear that part of the plan is to work with Mexico on reducing Chinese products being shipped through Mexico to the United States. Mexico has in recent

China-Nicaragua Free Trade Agreement Enters into Force

On January 1, the China-Nicaragua Free Trade Agreement (FTA) entered into force. In this piece, we examine the details of the schedules of tariff concessions under the FTA, and the provisions on services trade and investment.

House Committee Proposal To Raise China Tariffs Could Lead to WTO Violations, More Tariff Escalation

Last week, the bipartisan House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party made a recommendation to raise tariffs on China through a change in the U.S. tariff schedule. The political prospects for this proposal are unclear at this point, but if

Mexico's Tariff Hike and Its Impact on China-Mexico Trade

The Mexican government announced last month that it will raise tariff rates for a number of products. This tariff increase is applicable to all nations that do not have a trade agreement with Mexico, and China falls into this category. As a result, this move will have an impact on

China and Nicaragua Sign Trade Agreement

Today, China and Nicaragua signed a free trade agreement after four rounds of negotiations that took place over the past year. The agreement has 22 chapters, including four chapters on services trade and investment.

China Extends Tariff Exclusions on Some U.S. Imports

China's Customs Tariff Commission of the State Council announced last week that it will again extend tariff exclusions on some U.S. goods that were subject to retaliatory tariffs as a response to U.S. Section 301 tariffs.
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