Five days into the new administration, the White House announced on Friday that it was conducting a “compliance review” of what it termed the “Economic and Trade Agreement” between China and the United States. A statement by the Office of the US Trade Representative (USTR) said the intent was to determine if China is “acting…
The White House announced a trade investigation into “legacy” semiconductors made by China on Monday, less than a month before the new administration of president-elect Donald Trump takes power, that could impose additional tariffs on Chinese-made everyday US consumer goods from cars to coffee makers. The inquiry falls under Section 301, a tool named after…
Brazil has decided against joining China’s Belt and Road Initiative, instead seeking alternative ways to collaborate with Chinese investors, a top government adviser said on Monday. Celso Amorim, special presidential adviser for international affairs, told Brazilian newspaper O Globo that Brazil wants to “take the relationship with China to a new level, without having to…