China sharply reduced tariffs on Canadian canola over the weekend, reports Caixin. The moves marks a major de-escalation in bilateral trade tensions following Canadian Prime Minister Mark Carney’s recent visit. China’s Ministry of Commerce confirmed Saturday that it would impose a 5.9% anti-dumping duty on Canadian canola, effective March 1 and lasting five years. The rate […]
Category: Law & Regulation
The US International Trade Commission said on Thursday it would investigate the economic impact of revoking China’s permanent normal trade status over a six-year period, reports Reuters. The move would likely increase tariffs on Chinese imports. The USITC, which studies trade and competitiveness matters and rules on anti-dumping and anti-subsidy trade cases, said its report would focus on […]
Panamanian officials have searched the offices tied to the Panama Ports Company, the local unit of Hong Kong conglomerate CK Hutchison, reports Reuters, citing local news sources. CK Hutchison and Panamanian authorities did not immediately respond to a request for comment. A judicial official interviewed on a local television station confirmed a search had taken place, but […]
Chinese dronemaker DJI said it has filed a suit challenging the Federal Communications Commission decision to bar imports of all of its new models and critical components, reports Reuters. The ban also includes products from Autel, another China-based drone maker. DJI, the world’s largest dronemaker, said in a statement it had challenged the FCC decision in […]
Chinese AI startup DeepSeek’s latest AI model, set to be released as soon as next week, was trained on Nvidia’s most advanced AI chip, the Blackwell, reports Reuters, citing a senior Trump administration official. Were this to be the case, it could represent a violation of US export controls. The official said the US believed DeepSeek […]