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Ambassador Tai States Section 301 Tariff Exclusion Process to Re-Open | Baker Donelson

The Biden Administration announced the re-opening of the tariff exclusion process for Section 301 tariffs on goods from China, pursuant to its new approach to the U.S.-China Trade. ....

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Sweeping U.S. Lists Seek to Restrict Trade and Investment that Support the Chinese Military

Sweeping U.S. Lists Seek to Restrict Trade and Investment that Support the Chinese Military
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Monthly Review | The Political Economy of the U.S.-China Technology War

China Daily, August 15, 2020.
Junfu Zhao is a PhD candidate in economics at the University of Utah. Zhao can be reached at junfu.zhao [at] utah.edu. The author thanks Rudiger von Arnim, Minqi Li, and Han Cheng for their helpful comments.
Following the Donald Trump administration’s publication of its 2017
National Security Strategy and 2018
National Defense Strategy that designated China as a strategic competitor, the tensions between the United States and China have been heightened, encompassing trade disputes, China’s economic regime and territorial sovereignty, conflicts over geopolitical influences, and even the portrayed confrontation between liberal democracy and authoritarianism.
1 The inauguration of the Joe Biden administration has not significantly changed U.S. foreign policy toward China. In his ....

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Senate Gives Hope to U.S. Importers Affected by Section 301 Tariffs | Faegre Drinker Biddle & Reath LLP

On May 27, 2021, the Senate voted to amend the
United States Innovation and Competition Act (the Act), formerly the
Endless Frontier Act, a bill that started as an effort to increase the United States’ competitive advantage in the world through investments in research and technology, but that has morphed into a broad China-centered legislative package including trade components. Included in the package is an amendment, entitled the
Trade Act of 2021, which would allow substantial opportunities for importers to obtain relief from the Section 301 tariffs currently imposed on certain Chinese-origin products.
The amendment, a bipartisan compromise between Senate Finance Committee Ranking Member Mike Crapo (R-ID) and Senate Finance Committee Chairman Ron Wyden (D-OR), would renew and extend expired exclusions to tariffs on Chinese goods resulting from the ....

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Monthly Review | Five Characteristics of Neoimperialism

China Daily, May 10, 2021.
Cheng Enfu is a principal professor at the University of the Chinese Academy of Social Sciences, director of the Research Center for Economic and Social Development at the Chinese Academy of Social Sciences, and president of the World Association for Political Economy. He can be reached at 65344718[at]vip.163.com. Lu Baolin is a professor at the School of Economics, Qufu Normal University.
Neoimperialism is the specific contemporary phase of historical development that features the economic globalization and financialization of monopoly capitalism. The characteristics of neoimperialism can be summed up on the basis of the following five key features. First is the new monopoly of production and circulation. The internationalization of production and circulation, together with the intensified concentration of capital, gives rise to giant multinational monopoly corporations whose wealth is nearly as great as that of whole countries. Second is the ne ....

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