CHINA AUTO EMAIL

Chinese state-run media urges Biden to re-engage on trade

The newly elected Biden administration should reset U.S.-China relations, beginning with trade, Chinese state-run media outlets are suggesting. “Ties between China and the United States have suffered devastating blows in the past few years and there are fears they are on a hopeless downward spiral with no end sight,” China Daily wrote in a Sunday editorial . “Reviving the trade talks is critical to restore some understanding and trust in China-U.S. relations.” The editorial in the Chinese Communist Party-run...

U.S. produce delayed at Chinese border as officials ask for new certifications

Shipments of U.S. produce into the Chinese market are being delayed by Chinese customs officials who are randomly conducting tests to determine if any contain the novel coronavirus, according to U.S. produce groups. China is asking importers and exporters to certify that shipments are coronavirus-free after a COVID-19 outbreak at China’s largest vegetable wholesale market, Xinfadi. The market’s general manager claimed the outbreak was caused by imported salmon after traces of the virus were found on cutting boards. That has...

DOJ warns Supreme Court not to ‘disarm’ Trump trade policy in tariff suit

A Supreme Court ruling against President Trump’s “emergency” tariffs would upend the administration’s foreign policy agenda and potentially scuttle trade deals with an array of countries based on a “cramped” interpretation of the underlying law, the Justice Department argues in its final written brief ahead of next week’s oral argument. “Plaintiffs seek a ruling from this Court that would effectively disarm the President in the highly competitive arena of international trade, stymie negotiations that reflect the United States’ ‘top foreign...

China deal resets relations by months, with prospect of quick deterioration

The deal struck this week by President Trump and Chinese President Xi Jinping turns back the clock on U.S.-China relations a mere matter of months, according to China analysts who view the unreleased and unsigned pact as a fragile one that could quickly unravel. The U.S. agreed to remove a series of trade restrictions imposed by the Trump administration, including port fees for Chinese ships docking at U.S. ports that took effect in October; an export control rule published in...

AI chips bill favoring U.S. companies over Chinese competitors backed by former security officials

The “GAIN AI Act” -- a bill to ensure U.S. companies are ahead of Chinese competitors in the queue to purchase advanced artificial intelligence chips – is gaining momentum as Congress works to finalize its annual defense policy bill. The Guaranteeing Access and Innovation for National Artificial Intelligence Act was included in the Senate’s version of the National Defense Authorization Act, but not the House’s – though this week the chair and ranking member of the House Select Committee on...

Greer: Probe into China’s phase-one commitments will continue

The Office of the U.S. Trade Representative plans to continue a recently announced probe into China's commitments under a phase-one trade deal inked during the first Trump administration, USTR Jamieson Greer said Thursday, arguing that the investigation remained critical following a de-escalation in trade tensions. Greer confirmed the investigation, launched last week under Section 301 of the Trade Act of 1974, would proceed during an interview with Fox Business , assuring host Larry Kudlow that he was “correct to assume”...

U.S. to suspend BIS ‘50 percent rule,’ port fees on China; Beijing to buy soybeans

As part of its newly announced deal with China, the U.S. has agreed to suspend for one year a rule issued by the Bureau of Industry and Security in September, which significantly expanded its export controls to capture thousands of Chinese entities, and to suspend for one year port fees on Chinese ships implemented just weeks ago. Treasury Secretary Scott Bessent confirmed the commitments in an interview with Fox Business News on Thursday. China’s Ministry of Commerce also touted the...

USTR outlines plans for new Section 301 probe of China’s phase-one commitments

China “appears” to have fallen far short of its commitments to the U.S. under a phase-one trade deal struck during the first Trump administration, the Office of the U.S. Trade Representative said on Friday, outlining its plans for a new probe into those commitments that could lead to new tariffs or other remedies. In a Federal Register notice slated to be published soon, USTR says its investigation – under Section 301 of the Trade Act of 1974 – will focus...

Source: USTR set to probe China's compliance with phase-one trade deal

The Office of the U.S. Trade Representative is set to open a probe into China’s compliance with the phase-one trade agreement reached during President Trump’s first term, according to a source familiar with the investigation. The probe will be filed under Section 301 of the Trade Act of 1974 and could be announced on Friday, the source said. The New York Times reported the planned investigation earlier on Thursday. The probe comes ahead of a much-anticipated meeting between President Trump...

Greer, Bessent head to Asia, with China meeting on ‘front end’

U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent are setting out for Malaysia on Wednesday with plans to meet with their Chinese counterparts and attempt to work through elevated trade tensions ahead of an anticipated meeting between President Trump and Chinese President Xi Jinping. Greer spoke about the upcoming trip during an Oct. 22 interview on CNBC , saying he and Bessent were set to meet with Chinese officials “on the front end of this whole swing to...

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