China Market Intelligence

July 11th, 2018
By Owen Haacke

As the first round of tariffs on US and Chinese goods came into effect last week, and with additional rounds due in the coming weeks and months, companies with business in China are enacting action plans to mitigate effects on their operations.

Several companies and their suppliers told the US-China Business Council’s Shanghai office that they have already seen effects from the tariffs imposed last week. Even companies that were not directly affected are seeing...

May 4th, 2018

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...

April 18th, 2018
By USCBC staff

As the deadline for comments approaches on the United States’ proposed list of tariffs on $50 billion of Chinese imports related to the Section 301 investigation into Chinese intellectual property and technology transfer policies, USCBC has received a clarification from administration officials on the process that will be used if tariffs are announced on an additional $100 billion in goods, as President Donald Trump asked. USCBC sources indicate that any new list of tariffs related to the...

April 18th, 2018
By Jack Kamensky

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...

April 4th, 2018
By USCBC Staff

The United States and China have both fired warning shots on the growing field of bilateral trade disputes, though the most significant battle is likely still weeks away. While both sides have announced proposed tariffs on $50 billion in imports in relation to the USTR’s investigation into China’s intellectual property and technology transfer policies, neither will be implemented immediately.

On Tuesday...

April 2nd, 2018

China’s Ministry of Commerce (MOFCOM) announced on April 2 that it would implement tariffs on 128 US products to offset the impact of US steel and aluminum tariffs under Section 232, effective immediately.
 
120 items will face a 15 percent tariff, including wine, fresh fruit, and dried fruit and nuts, as well as steel pipes, denatured ethanol, and ginseng. Eight items will be assessed a 25 percent tariff, including fresh, chilled and frozen US pork and recycled aluminum goods...