Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Exports to China
Former top officials in the Office of the U.S. Trade Representative during the Trump and Biden administrations said there will be no return to a pre-Trumpian, pro-free trade philosophy, whether Joe Biden wins re-election this fall or Donald Trump returns to the White House in 2025.
The Senate on April 23 plans to begin considering a House-passed bill that would ban TikTok in the U.S. unless China’s ByteDance divests the popular social media application (see 2404180020).
A World Trade Organization dispute panel issued its report on Australia's dispute against Chinese antidumping and countervailing duties on Australian wine after the parties reached a mutually agreed solution to the case. Australia argued that China's AD/CVD violated numerous elements of both the Anti-Dumping Agreement and the Subsidies and Countervailing Measures Agreement. The parties told the dispute settlement body that they reached a settlement on March 29.
The U.S. is sanctioning three entities in China and one in Belarus for supplying missile-applicable items to Pakistan’s ballistic missile programs, including its long-range missile program, the State Department announced April 19. The entities are Granpect Company Limited, Tianjin Creative Source International Trade Company LImited, and Xi’an Longde Technology Development Company Limited, all of China; and Belarus-based Minsk Wheel Tractor Plant.
U.S. defense companies plan to closely monitor the implementation of the International Traffic in Arms Regulations (ITAR) exemption for Australia and the U.K. to ensure it meets its promise of reducing licensing burdens for defense trade, industry representatives told a congressional panel last week.
After October's deadline passed without an agreement between the U.S. and the EU on a global trade deal for steel and aluminum (see 2404040034), talks are still ongoing, the European Commission’s top trade official said during a news conference April 18.
China announced that it is "firmly opposed" to both the U.S. decision to open a new Section 301 investigation on allegedly unfair practices in China's maritime, logistics and shipbuilding sectors (see 2404170029) and President Joe Biden's call for a "tripling" of the existing Section 301 tariffs on Chinese steel and aluminum (see 2404170040).
An investigation by the House Select Committee on China found that U.S. financial institutions facilitated the investment of $6.5 billion last year in 63 Chinese companies that the U.S. government has “blacklisted or otherwise red-flagged” for advancing China’s military capabilities or supporting its human rights abuses, the committee said April 18.
Senate Commerce Committee Chair Maria Cantwell, D-Wash., announced late April 17 that she supports a newly modified House proposal that would ban TikTok in the U.S. unless China’s ByteDance divested the popular social media application.