The Chinese government is pressing the U.S. Commerce Department to close an investigation into cross-border subsidies allegedly provided by China to paper file folder producers in Cambodia, arguing such probes run afoul of World Trade Organization rules and are not authorized under U.S. law.
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China’s economy has evolved from a centrally planned “socialist market economy” to one that is predatory, a model crafted to displace foreign competitors and dominate production markets -- and one that requires evolving U.S. trade tools in response, the Office of the U.S. Trade Representative says in its latest annual report to Congress on China’s World Trade Organization compliance.
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The Bureau of Industry and Security has published a rule creating requirements for chip foundries and packaging companies aimed at preventing China from obtaining advanced integrated circuits in circumvention of existing export controls.
President-elect Donald Trump’s plans for steep tariffs on Chinese imports could open the door to long-sought “phase-two” trade talks with Beijing given his “transactional” approach to the office, argues Wendy Cutler, vice president at the Asia Society Policy Institute and a former senior official in the Office of the U.S. Trade Representative.
The Bureau of Industry and Security on Wednesday will publish rules on semiconductor compliance and biotechnology, according to Under Secretary of Commerce Alan Estevez.
The Commerce Department’s Bureau of Industry and Security on Tuesday published a final rule banning Chinese and Russian connected vehicle technology that incorporates a slew of modifications to an earlier draft, excluding commercial vehicles for treatment in a separate rulemaking procedure and offering some leniency for compliance timelines.
China’s Ministry of Commerce on Thursday defended proposed export controls on battery cathode and lithium extraction technologies as necessary to promote domestic scientific and development, a notion analysts see as more aimed at fortifying China’s electric vehicle market than an attempt to handicap the U.S. battery supply chain.
The National Council of Textile Organizations is welcoming the Office of the U.S. Trade Representative’s new white papers on supply chain resiliency -- both generally and for textiles in particular -- as a “roadmap” for future action and will urge the Trump administration to follow through on their key recommendations, the trade group’s head says.