Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
The US-China Business Council’s 2017 reports on state and congressional district exports are out and their findings are clear – though China’s economic growth rate is slowing, it remains an important market for US exports and continues to provide growing opportunities for American businesses, large and small. At the same time, US exports to China under perform what they could be, given the barriers that frustrate full market access to the world’s second largest economy.
Zhejiang Province Party Secretary Che Jun and a large delegation of Zhejiang officials and business representatives met with US-China Business Council (USCBC) members in Washington, DC, on August 25 to discuss trade and investment opportunities. The delegation included senior representatives of the Zhejiang Provincial Working Group, the Zhejiang Commerce Commission, and CEOs of numerous Zhejiang-based companies.
