Washington Update

October 6th, 2017
By Meg Kelly

Hearing on China’s WTO compliance; USCBC to testify at 301 hearing next week

At the US government’s annual hearing on China’s compliance with World Trade Organization (WTO) commitments, Acting Assistant US Trade Representative for China Terrence McCartin signaled the Trump administration’s focus on the limitations of that trade pact in addressing China’s trade practices.

McCartin said that a key challenge facing the US was to hold China accountable not only for its WTO...

September 29th, 2017
By Meg Kelly

President Trump to visit China

The White House released a statement Friday morning saying the President and First Lady will visit Japan, South Korea, China, Vietnam, the Philippines, and Hawaii from November 3-14. This trip will include the President’s attendance at the Asia-Pacific Economic Cooperation (APEC) leaders meeting, which will take place in Da Nang on November 10 and 11; and the East Asia Summit, which will take place in the Philippines on November 13 and 14. Trump will be...

September 22nd, 2017
By Meg Kelly

Treasury announces new North Korea sanctions on banks

Treasury Secretary Steven Mnuchin announced Thursday that President Trump had signed a new executive order to sanction foreign banks who do business with the North Korean regime. Mnuchin specifically said that China is not an intentional target of these sanctions, though UN Ambassador Nikki Haley later added that if China continues to do business with North Korea, then it will be impacted. The announcement came several days after...

September 15th, 2017
By Meg Kelly

Trump rejects Chinese investment case; Congressional hearing on CFIUS

President Trump this week blocked Chinese-backed private equity firm Canyon Bridge Capital Partners from buying US semiconductor company Lattice. In a public statement about the decision, Treasury Secretary Steven Mnuchin said the decision was based on national security concerns, following the recommendation of the Committee for Foreign Investment in the United States (CFIUS), an interagency group that is chaired...

September 8th, 2017
By Meg Kelly

Trump Trade Mission to China, applications open

The US Department of Commerce has posted details about a November 2017 trade mission to China that will coincide with President Trump’s anticipated state visit to China.  The goal of the mission will be to, “advance the Administration’s goal of reducing the U.S.-China trade deficit by promoting U.S. exports.” Interested companies should submit their applications by September 29, 2017.

Lawmakers urge improved access for financial...

September 1st, 2017
By Meg Kelly

Trump faces first Chinese investment review

Lattice Semiconductor Corp plans to seek presidential approval for its proposed $1.3 billion sale to China-backed Canyon Bridge Capital Partners after the deal was not approved by the Committee on Foreign Investment in the United States (CFIUS), according to reports Friday. This would be the first case to be sent to President Trump seeking to overrule a CFIUS decision, and only the fourth to be sent to a president in three decades. In all...

August 24th, 2017
By Meg Kelly

August 24th, 2017

US Trade Representative Robert Lighthizer on Friday, August 19 launched a Section 301 trade case against China to investigate “unreasonable or discriminatory” behavior in its treatment of technology transfer, intellectual property and innovation. This follows President Trump’s memorandum on August 14, requiring USTR to consider such a case.

The Office of the Trade Representative's press release about the investigation quotes Lighthizer saying, “On Monday,...

August 18th, 2017
By Meg Kelly

August 18th, 2017

Trump issues memo to consider trade actions on China IPR and technology policies

President Trump issued an executive order on Monday, directing US Trade Representative Robert Lighthizer to consider whether to launch an official investigation into China’s intellectual property rights, innovation and technology policies and practices. The action begins a process that may lead to action to address concerns under US trade laws, rather than through World Trade...

August 4th, 2017
By Meg Kelly

August 4th, 2017

China trade enforcement action under consideration

The Trump administration may take its first trade action targeted at China as early as next week, based on leaks from various sources. However, the specifics of the action are still unclear, and the announcement originally scheduled for today was postponed.

President Trump is reportedly planning to direct the US Trade Representative to launch a Section 301 case against China in the near future, likely...

July 28th, 2017
By Meg Kelly

July 28th, 2017

USTR Lighthizer addresses Chinese subsidies in interview

In a radio interview on Tuesday, US Trade Representative Robert Lighthizer said that President Donald Trump is focused on resolving China’s use of unfair subsidies that cost American jobs. "If it’s unfair, the president's going to go after it," Lighthizer said. "You have to take on their industrial policy one way or another. For example, they will develop an industry behind a closed market in China. When...

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