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China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance
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China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance

China on Tuesday announced new tariffs and export controls in response to the United States imposing a 10 percent tariff, on top of existing tariffs, on all Chinese imports. Despite speculation that President Donald Trump and President Xi Jinping would speak by phone this week and potentially ease their respective tariff rulemakings, a call has not taken place and Trump indicated on Tuesday that he was “in no hurry” to do so.

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China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance
The White House
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China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance

China on Tuesday announced new tariffs and export controls in response to the United States imposing a 10 percent tariff, on top of existing tariffs, on all Chinese imports. Despite speculation that President Donald Trump and President Xi Jinping would speak by phone this week and potentially ease their respective tariff rulemakings, a call has not taken place and Trump indicated on Tuesday that he was “in no hurry” to do so.

Washington Update USCBC Government Affairs
10 Percent Tariff Hike on Chinese Imports Elicits Measured Response From Beijing
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10 Percent Tariff Hike on Chinese Imports Elicits Measured Response From Beijing

On February 1, President Donald Trump followed through on his plan to impose an additional 10 percent tariff on all imports from China, effective Tuesday. He also imposed a 25 percent tariff on most imports from Canada and plans to impose tariffs on imports from Mexico at the same rate next month.

China Market Intelligence
Tariff Threat Looms, White House Reacts to DeepSeek, and Senate Discusses China’s Global Influence
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Tariff Threat Looms, White House Reacts to DeepSeek, and Senate Discusses China’s Global Influence

President Donald Trump’s Cabinet is aligned on a need for more tariffs, though the administration has yet to outline exactly when and how to do so, including determining which products and countries to target, as well as how high to set the duties. White House Press Secretary Karoline Leavitt indicated this week that Trump plans to levy tariffs on Mexico and Canada on February 1 and that he is still “considering” imposing a 10 percent tariff on all Chinese goods on the same day.

Washington Update USCBC Government Affairs
Intellectual Property Rights Industry Update
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Intellectual Property Rights Industry Update

Since our last update, the United States and China have continued engaging in dialogue over IP protection to address business concerns, including the vice-ministerial meeting during the second Commercial Issue Working Group in Tianjin last September. Several critical issues impacting American rights holders—such as patent term extensions, regulatory data protection, and trade secret protection—were discussed during both high-level and technical exchanges.

Article Banny Wang, June Xu
What Trump’s First Week Means for China Trade Policy
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What Trump’s First Week Means for China Trade Policy

President Donald Trump opted not to raise tariffs on China during the first week of his administration. Instead, he on Monday issued a regulatory freeze and directed executive department heads to review all new rules published under the Biden administration that have not taken effect, a move that could halt several rules with operational impacts for USCBC member companies.  The White House also issued a trade policy memorandum later that evening directing federal agencies, primarily the Department of Commerce, Treasury, and the Office of the US Trade Representative, to conduct a top-to-bottom review of US trade policy.

Washington Update USCBC Government Affairs
China’s Economy Rallies to Reach Growth Target, 2025 Outlook Remains Uncertain

China’s Economy Rallies to Reach Growth Target, 2025 Outlook Remains Uncertain

China’s economy experienced a moderate rebound in the final quarter of 2024, providing the needed push for the country to meet its annual growth target of around 5 percent. According to data released by the National Bureau of Statistics, China’s real GDP in 2024 reached RMB 134.9 trillion ($18.42 trillion), marking 5 percent year-on-year growth.

Commerce Unveils AI Chip Curbs, CV Rule Finalized, and Trump Cabinet Picks Signal Tough China Policy
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Commerce Unveils AI Chip Curbs, CV Rule Finalized, and Trump Cabinet Picks Signal Tough China Policy

The Department of Commerce’s Bureau of Industry and Security on Wednesday issued the Framework for Artificial Intelligence Diffusion interim final rule, geared towards curbing China’s access to cutting-edge chips used in AI. The new rule imposes country-specific export caps on chips needed to train AI models, proposing a three-tier licensing system that determines the type and quantity of advanced chips a country can procure based on its relationship with the United States.

Washington Update USCBC Government Affairs
The Biden Administration’s 11th-Hour Policymaking Flurry
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The Biden Administration’s 11th-Hour Policymaking Flurry

During its final month in office, the Biden administration has released a slew of measures regulating commercial relations with China, capping off years of work in some areas and jumpstarting new types of rulemaking in others. Recent measures include precedent-setting export controls on the semiconductors needed to power artificial intelligence (AI) models, new blacklistings, and a Section 301 investigation.

New Definition of Domestic Products in Government Procurement Makes Limited Progress
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New Definition of Domestic Products in Government Procurement Makes Limited Progress

Amid an economic downturn and growing pressure to restore foreign investor confidence, China’s Ministry of Finance (MOF) recently published a draft definition of “domestic products” for government procurement. The move aims to establish a nationwide standard. However, its effectiveness in resolving longstanding issues facing the business community in this area remains to be seen.

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