The administration faces court challenges over its Section 301 tariffs, its ban on WeChat, and its ever-changing TikTok deals. The House meanwhile passed two bills banning trade with Chinese entities employing Uighur or other forced labor and another renewing Caribbean Preferences. The weekly trade report with LC The court case filed on September 10th by […]
UK, in reversal, bans Huawei 5G
Calls for ten-nation “club” to build own 5G network The weekly trade report by L.C. There were two important Huawei developments this week. Huawei Chief Financial Officer Meng Wanzhou lost her bid for a Canadian court to halt her extradition to the US, and the UK reversed its earlier decision to allow Huawei to be […]
No need to make nicey-nice with Xi Jinping for a trade deal
By trade correspondent L.C. and the editor What is one to conclude from the overwhelming victory of pro-democracy candidates in Sunday’s Hong Kong municipal elections and the publication last week in the Western press of Chinese Communist internal documents revealing the party’s incarceration of one to two million of its own Muslim population in Xinjiang? […]
US imposes new tariffs on EU over Airbus subsidies
The weekly report of our trade correspondent, L.C. On October 18th, the US imposed tariffs of 10% and 25% on imports from the European Union. This ratcheting up of global trade war had been expected, given that no serious talks for a negotiated solution to the US-EU aircraft subsidies dispute occurred. The dispute has been […]
Trump ok’s small China trade deal but Hong Kong wants US guarantees
The weekly trade report by L.C. US and Chinese negotiators reached – by the US account – a limited, partial trade agreement when they met in Washington on October 11th for their 13th negotiating round. As President Trump told reporters, “We’ve come to a very substantial phase one deal, subject to getting it written.” He […]
