Canada opened a new critical mineral center, challenging China's control of world's rare earth mining production. The new facility is strategic for the U.S. competition with China for resources, writes Financial Times. ft.com/content/52990a…

This week The Trade Guys podcast discussed Draghi's report on EU competitiveness, new export controls, and the Nippon Steel Deal. Check it out! CSIS: tinyurl.com/58b85jve Apple: tinyurl.com/mr45d4p8 Spotify: tinyurl.com/4448eemp

President Biden proposed a ban on Chinese-developed software from internet-connected cars in the U.S. The measure is grounded on national security risks associated with new vulnerabilities due to data collection on U.S. drivers, writes the The New York Times. nytimes.com/2024/09/23/us/…

Taiwan Semiconductor Manufacturing Co. and Samsung discussed building a $100B+ chip plant complex in the UAE. If successful, the projects could spark a new wave of industry expansion, following U.S., European, and East Asian subsidies, reports The Wall Street Journal. wsj.com/tech/ai/chip-g…

Check out William Reinsch's column for CSIS Scholl Chair about different views on Draghi's report, "The Future of Europe’s Competitiveness." Read more here: csis.org/analysis/whith…

The Trade Guys Podcast hosted expert Scott Kennedy for the episode "A Deep Dive on the Chinese Economy." They discussed tariffs, biotech, and other U.S.-China topics. Check it out! CSIS: tinyurl.com/mudsfa77 Apple: tinyurl.com/mr39n8a2 Spotify: tinyurl.com/msd9t69b

The European Commission challenged China's investigation of EU dairy products at the WTO. This action was prompted by repeat Chinese attempts to initiate defensive trade measures, writes Reuters. reuters.com/markets/eu-lau…

The consumer supply chain is at risk of disruption if port workers on the East Coast and Gulf regions proceed with a strike. If an agreement is not reached, a two-week strike could affect more than half of U.S. shipping traffic into early 2025. Via CBS. cbsnews.com/video/port-wor…

Trump outlined his plan to boost US businesses with tax cuts and increased tariffs. Promising a 15% corporate tax rate for U.S.-made goods and tariffs up to 20% on imports, he aims to reshape America's trade landscape. Via CNN. cnn.com/2024/09/24/pol…

Senators Bob Casey and Catherine Cortez Masto have reintroduced the “Women’s Economic Empowerment in Trade Act of 2024,” aiming to modify the Generalized System of Preferences (GSP), reports Inside U.S. Trade. insidetrade.com/daily-news/sen…

Following U.S. measures to limit Chinese access to the American market, China’s Commerce Ministry is considering including the owner of Calvin Klein and Tommy Hilfiger on the “unreliable entities list,” writes The Wall Street Journal. wsj.com/world/china/be…

China has escalated its challenges against the IRA to the panel stage during the WTO Dispute Settlement Body meeting yesterday. China claims that the IRA violates WTO rules and impairs innovation in clean energy products, according to Inside U.S. Trade. insidetrade.com/daily-news/wto…

OECD and UN announced a collaboration to address the risks and opportunities associated with AI. The partnership will focus on conducting regular, evidence-based assessments to guide member states in fostering inclusive and safe AI environments. Read more: oecd.org/en/about/news/…

Experts modeled Donald Trump’s economic plans and concluded that the proposed tariffs could reduce overall GDP, raise prices in the U.S., and lead to foreign trade retaliation, reports Forbes. forbes.com/sites/richardm…

After Donald Trump outlined his economic plans, Kamala Harris is expected to present her proposal to boost domestic manufacturing today. She aims to grant incentives to retain businesses in the U.S. rather than attracting foreign companies, writes Reuters tinyurl.com/mv59ve46

Ways & Means member Jodey Arrington (R-TX) introduced a bill to apply Section 301 tariffs to NMEs whose investments aim to evade duties. The President would have the power to impose retaliatory measures following an ITC investigation. Via Inside U.S. Trade. tinyurl.com/yf547kmf

The Department of State posted notifications informing that the IPEF Clean Economy Agreement and the IPEF Fair Economy Agreement will enter into force in the second week of October. state.gov/trade-recent-a…

During her speech about her economic plan, Vice President Kamala Harris stated that she will continue to combat unfair trade practices from China with "swift and strong measures", reports Inside U.S. Trade. insidetrade.com/daily-news/har…

China launched an anti-discrimination investigation against Canada's tariffs of 25% on metals and 100% on EVs. China has also raised the issue in the WTO, writes Reuters. reuters.com/business/autos…

This week, Bill Reinsch wrote about Mario Draghi’s report on Europe’s competitiveness in his column for CSIS. He shared his views on how the report addresses the EU’s productivity gap, overregulation, and governance. Read more: csis.org/analysis/whith…