The Trump administration’s Section 301 case on China’s intellectual property rights (IPR) and technology transfer policies appears to be headed for additional escalation, with a second phase of tariffs expected to be implemented by early September and no indication that the two governments are seeking a negotiated solution.
Of the $50 billion worth of Chinese imports that the US government announced in June would be subject to an additional 25 percent tariff, the...
Trade talks between the US and China ended today in Beijing with each side apparently staking out positions the other side is unlikely to meet. An optimistic interpretation is that the two sides have laid out opening positions and set up a process for negotiations to resolve trade tensions. However, two documents are circulating that USCBC sources say accurately reflect positions presented by each side; if so, the gap to be overcome is wide.
Based on the supposed US document provided...
With escalating threats of tariffs and other retaliatory measures from both the US and Chinese sides, many analysts say the two countries are on the brink of a trade war. Both have released long lists of potential tariffs, which may not be implemented if the two sides can reach a negotiated settlement. Or, the tariff lists could be whittled down following a public comment period and only partially implemented. While it is...
The US-China Business Council’s annual Forecast on January 30, 2018, brought experts and policymakers to discuss the year ahead. The half-day program featured comprehensive projections for the Chinese business and political environment in the year Forecast, as well as developments in US trade policy. It also provided an opportunity for companies to learn more about what may be ahead in the second year of the Trump administration, what Congress’ priorities will be, as well as other...
Recent statements by China and the United States suggest the two countries may be viewed as swapping places as the global leader on free trade policies, but the actions that both sides take in the coming months will provide the best assessment about the roles each government intends to play.
Media reports early in the Trump administration indicated that the administration may be favoring using US legal tools rather than the World Trade Organization (WTO) for...
The Trump administration announced early this morning that it had reached agreement with the Chinese government on resolving several irritants in the US-China commercial relationship. The outcomes were reached roughly a third of the way into the 100-day period designated by Presidents Donald Trump and Xi Jinping in their summit last month to bring greater balance in the commercial relationship.
Ten items in what the Trump administration termed as “initial” outcomes...
China officially launched seven new free trade zones (FTZ) this month, expanding upon the four existing FTZs and including inland areas for the first time. The expansion allows more provinces to take part in reforms piloted in the Shanghai FTZ since 2013, and focus on promoting regional development.
The Shanghai FTZ...
China’s annual legislative congress concluded Wednesday with a pointed warning from China’s premier: the stakes of a trade war with China are high and US companies will be the first casualty. Premier Li Keqiang’s remarks cap two weeks of National People’s Congress (NPC) meetings that largely reaffirmed existing priorities and emphasized economic and social stability in advance of China’s Communist Party...
The State Council on March 23, 2015 issued a notice requiring all ministries and affiliated institutions under the State Council to complete and publish English translations of relevant trade-related department rules. The Notice on Completing the Translation of Trade-Related Department Rules into English mandates that each translation be posted on official websites or other channels before the regulation’s implementation, or no later than 90 days after the implementation of such regulation...
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