China’s share of U.S. imports has plunged, but its value added has proven stickier
“Researchers find a major reallocation of U.S. imports away from China and toward other countries, but little evidence that the U.S. is retreating from global trade overall.”
[Stanford Center on China’s Economy and Institutions]
India-U.S. trade talks hit plateau, finance minister says
“Scope for a final compromise has narrowed after US President Donald Trump signed into law a congressional bill that gives him authority to impose tariffs of up to 100% on countries buying significant Russian oil, including India and China.”
[Reuters]
USTR Section 301 Chinese ship fees still expire Nov. 9
“Under U.S. administrative law, an obligation created by a Federal Register notice can only be modified or suspended by another Federal Register notice. Until USTR publishes one, November 9 remains the legal deadline.”
[Tech Times]
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