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Only Policy#Tariffs
TodayOct 9Fri2 items
  1. SCMP China65

    Bessent may skip Apec in Hong Kong to focus on Trump's Shenzhen visit, sources say

    US Treasury Secretary Scott Bessent may skip the Apec finance ministers meeting in Hong Kong later this month to focus on preparing for President Trump's historic visit to Shenzhen in November. He is expected to meet Chinese Vice-Premier He Lifeng ahead of Trump's visit, as both sides seek a longer extension of the bilateral trade truce expiring on January 10. Washington will instead send Deputy Treasury Undersecretary Erin Browne to attend the October 20-21 meeting in Hong Kong.

    贝森特可能缺席香港APEC会议 聚焦特朗普深圳访问

    美国财政部长贝森特可能缺席本月在香港举行的亚太经合组织财长会议，专注于准备特朗普11月访问深圳。贝森特预计在特朗普访问前与中国副总理何立峰会面，双方寻求延长将于1月10日到期的双边贸易停火协议。美国将改派财政部副部长埃琳·布朗出席10月20日至21日的香港会议。

    Why it matters: The scheduling choice signals the Shenzhen Trump-Xi meeting is the priority for extending the January 10 trade truce, with Hong Kong demoted to deputy-level representation.

  2. SCMP China30

    Experts Urge US to Replace 'Wholesale Restrictions' on Chinese EVs with Targeted Safeguards

    Experts recommend the United States replace "wholesale restrictions" on Chinese electric vehicles with targeted safeguards and strategic partnerships. John Helveston, associate professor at George Washington University, said this would prevent US carmakers from losing global market share. The experts spoke during a discussion on Tuesday.

    专家呼吁美国以针对性保护措施取代对中国电动汽车的“全面限制”

    专家建议美国将对中国电动汽车的“全面限制”改为针对性保护措施，并开展战略合作。乔治华盛顿大学副教授约翰·赫尔夫顿表示，此举可防止美国车企失去全球市场份额。专家于周二讨论时提出该建议。

Oct 6Tue
  1. USTR (press releases)70

    U.S. Trade Representative Greer hosts G20 Trade Ministers in Milwaukee

    Ambassador Jamieson Greer hosted the G20 Trade Ministers in Milwaukee last week. The ministers reached consensus on condemning the weaponization of food through coercive trade actions and adopted the 'Milwaukee Framework' to address global steel excess capacity. Discussions also covered forced labor in supply chains and updating the MFN principle.

    美国贸易代表格里尔在密尔沃基主持G20贸易部长会议

    美国贸易代表杰米森·格里尔上周在密尔沃基主持G20贸易部长会议。与会部长们就谴责通过强制性贸易行动将粮食武器化达成共识，并通过“密尔沃基框架”解决全球钢铁产能过剩问题。会议还讨论了供应链中的强迫劳动以及最惠国待遇原则的更新。

    Why it matters: The G20 consensus on condemning food weaponization marks a rare multilateral agreement, while the Milwaukee Framework creates a new mechanism for addressing global steel overcapacity.

Sep 29Tue
  1. Sinocism65

    Xi-Trump meeting signals Q4 economic support; two-month tariff extension; Nvidia chip question; PRC-Philippine tensions

    The Xi-Trump meetings produced a new framework describing US-China relations as a 'constructive strategic stability relationship based on respect, fairness, and reciprocity.' The two-month tariff extension pushes the November 10 deadline to January 10, 2027. The State Council executive meeting signaled potential Q4 stimulus including property market stabilization policies. Questions remain about whether Nvidia will receive licenses for more AI chips to China.

    中美元首会晤提出建设性战略稳定关系；李强暗示四季度经济支持；英伟达芯片供应存疑；中菲紧张关系

    中美元首会晤后，双方将中美关系定位为“基于尊重、公平和对等的建设性中美战略稳定关系”。关税和非关税措施暂停期从11月10日延长至2027年1月10日，为期两个月。国务院常务会议暗示四季度可能推出刺激政策，包括稳定房地产市场的措施。英伟达是否能获得向中国出口更多AI芯片的许可仍是未知数。

    Why it matters: The two-month extension of tariff measures to January 10 gives both sides a limited window to assess the Kuala Lumpur deal before facing another deadline, while the new 'strategic stability' framing signals tentative equilibrium rather than resolution.

Sep 26Sat
  1. MOFCOM (商务部 新闻发布)70

    China and US reach eight-point consensus during Xi state visit

    During President Xi Jinping's state visit to the US from September 23-25, the two heads of state reached an eight-point consensus covering strategic stability, mutual support for APEC and G20 summits, Iran's nuclear commitments, WWII alliance history, trade negotiations including a 'US$30 billion' reciprocal tariff reduction, drug enforcement cooperation, AI dialogue, and the panda loan. The two militaries also agreed to sign a memorandum on crisis communication.

    习近平主席访美期间中美达成八点成果共识

    9月23日至25日，习近平主席对美国进行国事访问。两国元首达成八点成果共识，涵盖战略稳定、相互支持APEC和G20峰会、伊朗核问题、二战同盟历史、贸易谈判包括“300亿美元”对等降税安排、禁毒执法合作、人工智能对话及大熊猫租借等。两国军方还同意签署加强危机沟通的谅解备忘录。

    Why it matters: The eight-point consensus mixes high politics (strategic stability, nuclear issue) with tangible deliverables (reciprocal tariff reduction, AI dialogue, panda loan), showing both sides' effort to stabilize relations across domains.