U.S. business lobby urges Trump to end new curbs on exports to China
“The rule, implemented on September 29, adds to the Entity List firms that are at least 50% owned by an entity-listed parent company. Companies are added to the list for taking actions that harm U.S. foreign policy or national security and are barred from receiving U.S. technology.”
[Reuters]
Carney says now is not the time to hit back at U.S. over tariffs
“‘What will make the biggest difference … is where we end up … following the review of the Canada-U.S.-Mexico trade agreement, which is coming very shortly. So, the strategy has to take all of that into account and deliver the results,’ Carney said.”
[The Canadian Press]
China drops veteran trade envoy amid escalating U.S. tensions
“Li’s removal signals a reshuffle in China’s trade leadership at a sensitive moment in global commerce. As a key figure in four rounds of U.S.-China trade talks, Li helped navigate tariff disputes that saw both countries impose over 100% duties on each other’s goods.”
[Modern Diplomacy]
To hit back in trade war, China borrows from the U.S. playbook
“It was in 2018, when President Donald Trump launched a trade war with China, that Beijing felt the urgency to adopt a set of laws and policies that it could readily deploy when new trade conflicts arise. And it looked to Washington for ideas.”
[Associated Press]
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