News & Insights Across Asia
President Biden’s new tariffs on Chinese imports, including a 100% hike on electric vehicles, may have unintended consequences for American consumers and industries reliant on Chinese components.
The China Council for the Promotion of International Trade urges the U.S. to halt its Section 301 investigation into China’s maritime, logistics, and shipbuilding sectors, advocating for a return to multilateral trade rules.
The U.S. has launched a Section 301 investigation into China’s shipbuilding sector, citing concerns over unfair trade practices. Analysts suggest innovation drives China’s competitiveness, not unfair subsidies.
China strongly opposes a U.S. report alleging noncompliance with WTO obligations, defending its trade record and contributions to the multilateral trading system over the past two decades.