Washington Update

October 29th, 2018
By Angela Deng

USCBC: China should move first to resolve the US-China trade tensions

The trade tensions between the United States and China are likely to escalate again unless China articulates the list of structural reforms that it is willing to undertake to address the US concerns, US-China Business Council President Craig Allen told reporters yesterday. 

USCBC sources indicate that the probability is currently 75 percent that the United States will increase the 10 percent tariff rate to...

March 30th, 2018
Megan Kelly

USTR releases Foreign Trade Barriers Report

The US Trade Representative this afternoon released its annual report on trade-distorting practices worldwide. The fact sheet released along with the report highlights three problematic areas for trade with China, all of which have been regularly raised by current and previous US administration:

China’s industrial plans (including Made in China 2025) and forced technology transfer  This section rehashes several of the same issues...