Washington Update

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...

July 21st, 2017
By Meg Kelly

July 21st, 2017

Comprehensive Economic Dialogue concludes; no outcomes on key issues

The United States and China were unable to reach agreement on significant outcomes at the first US-China Comprehensive Economic Dialogue (CED), which took place on July 19. An impasse over China’s steel capacity was reportedly the driving factor. USCBC sources indicate that US negotiators, after review at the highest levels, determined that China’s offers in other areas were insufficient to...

July 14th, 2017
By Meg Kelly

July 14th, 2017

Sunday marks the end of the “100-day” plan, agreed to by Presidents Trump and Xi at their Mar-a-Lago meeting in April. Delegations from the two governments will meet Wednesday for the first meeting of the Comprehensive Economic Dialogue. USCBC will report on relevant news from this event throughout next week.

Comprehensive Economic Dialogue: Background, Details, and Expectations

The CED is part of a four-pillar structure agreed to by the US and China...

July 7th, 2017
By Meg Kelly

July 7th, 2017

Xi criticizes protectionism at G20 meeting; Trump-Xi meeting anticipated among tension

Speaking at the start of the G20 meeting in Hamburg this week, Chinese President Xi Jinping criticized unnamed “major” developed nations for recent actions on trade and climate change. He denounced calls for reversing globalization and returns to protectionism. Xi encouraged the BRICS nations to “speak in one voice to steer the world economy in [the] right direction.”  

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June 23rd, 2017
By Meg Kelly

June 23rd, 2017

US and Chinese governments meet on strategic and diplomatic issues

Cabinet officials from the United States and China met this week in Washington for the first Diplomatic and Strategic Dialogue, one of four new dialogues created as an outcome of the April summit between Presidents Donald Trump and Xi Jinping. Led by Secretary of State Rex Tillerson, Secretary of Defence James Mattis, State Councillor Yang Jiechi and Chief of the Joint Staff General Fang Fenghui...

June 16th, 2017
By Meg Kelly

June 16th, 2017

Further progress on 100-day plan
 
Several developments were announced this week regarding the initial 100-day outcomes between the US and Chinese governments announced in May. This week, several further steps were taken:
 
Foreign Investment
China’s State Council released on Friday a revised list of foreign trade zone (FTZ) investment restrictions that may allow companies additional market access in the 11 designated free trade zone areas...

June 9th, 2017
By Meg Kelly

June 9th, 2017

Mnuchin prioritizes specific issues, then the BIT

Treasury Secretary Steven Mnuchin was the luncheon speaker for USCBC’s 44th annual membership meeting this week, saying in his discussion with USCBC President John Frisbie that a bilateral investment treaty (BIT) with China is on the Trump administration’s agenda, but after specific market access issues are addressed. The Trump administration is currently in the midst of negotiations on a 100-day plan with China...

June 2nd, 2017
By Meg Kelly

June 2nd, 2017

Steel, aluminum reports due end of June

The Commerce Department will give President Trump its recommendations on whether it is necessary to restrict aluminum and steel imports under Section 232 of US trade law by the end of June. These investigations were required by Trump’s executive order, which originally set a deadline of January 2018, the maximum amount of time allocated under US law. However, the president asked the department...

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