Core Points - The high-level economic and financial dialogue between China and France did not reach a consensus on the issue of brandy tariffs, highlighting ongoing trade tensions [1][3] - France's reliance on brandy exports to China, which accounts for a quarter of its global export value, underscores the economic stakes involved [7] - The ongoing anti-dumping investigation initiated by China against French brandy is a response to perceived unfair trade practices and could lead to significant trade losses for France [4][5][7] Group 1: Trade Relations - The discussions between China and France showcased diplomatic engagement but failed to resolve the critical issue of brandy tariffs [3] - France's failure to propose a satisfactory solution during the anti-dumping investigation has exacerbated trade tensions [3][4] - The French government is under pressure due to its heavy dependence on brandy exports, which has become a key factor in its economic relationship with China [5][7] Group 2: Economic Impact - The brandy industry in France involves 4,400 farms, 120 distilleries, and 270 traders, supporting over 80,000 jobs, indicating its significance to the French economy [7] - If the French government does not address the strategic misjudgments regarding trade policies, it risks losing its dominant position in the Chinese market for brandy [5][7] - The potential implementation of formal anti-dumping duties by China could lead to systemic shocks in the French brandy industry and broader economic repercussions [5][7]

Core Viewpoint - The ongoing trade tensions between the US and China have significantly impacted the meat import and export industry, particularly affecting Chinese importers of US chicken feet and pork by-products, leading to substantial financial losses and shifts in sourcing strategies [1][3][18]. Group 1: Impact of Tariffs - Chinese importers like Yan Jun have faced severe losses due to tariffs, with chicken feet prices subject to over 140% in tariffs after multiple rounds of trade retaliations [3][4]. - The initial tariff on pork by-products was raised from 12% to 37% during the previous trade war, severely affecting the profitability of US exports to China [5][6]. - The trade war has led to a significant reduction in US exports, with estimates suggesting a loss of $10 billion annually due to decreased demand from China [13]. Group 2: Market Adjustments - Chinese importers are increasingly sourcing chicken feet and pork by-products from alternative countries such as Brazil and Russia, leading to a rapid adjustment in market dynamics [16][17]. - The price of chicken feet and pork by-products initially spiked by 10% following the tariff announcements but quickly normalized as alternative suppliers entered the market [16]. - The reliance of US meat producers on the Chinese market is highlighted, as they struggle to find alternative customers for their products [12][20]. Group 3: Cultural and Market Insights - The consumption of chicken feet in China is significantly higher than in Western countries, where such products are often discarded, leading to a unique market dynamic [10][11]. - The price of chicken feet varies by country, with US chicken feet priced between $3,000 to $6,000 per ton, while other countries like Russia and Thailand offer lower prices [11]. - The cultural acceptance of chicken feet is growing among Western consumers, driven by the expansion of Chinese cuisine and restaurants abroad [11]. Group 4: Future Outlook - The US meat industry is expected to face ongoing challenges in re-establishing its market position in China due to the lasting effects of the trade war and changing consumer preferences [22]. - The potential for increased competition from countries like Argentina and Spain, which are looking to expand their meat exports to China, poses a threat to US market share [17][19]. - The interconnected nature of the meat supply chain means that disruptions in one area can lead to broader economic impacts, affecting everything from feed prices to consumer costs in the US [14][15].

Group 1 - The U.S. Department of Commerce announced an anti-dumping investigation on lattice boom crawler cranes imported from Japan, following a request from Manitowoc Company, Inc. [1] - The investigation pertains to products under U.S. Customs codes 8426.49.0010 and 8426.49.0090 [1] - The U.S. International Trade Commission (ITC) is expected to make a preliminary determination on material injury by May 27, 2025 [1] Group 2 - If the ITC finds that the imports cause or threaten to cause material injury to the domestic industry, the Department of Commerce will continue the investigation and is expected to issue a preliminary determination by September 17, 2025 [1] - In 2024, the value of the investigated products imported from Japan to the U.S. was approximately $180 million [1]

Core Viewpoint - The recent cancellation of the small-value tax exemption policy by the U.S. is seen as detrimental to the interests of both Chinese and American businesses and consumers, and China firmly opposes this decision [1][4]. Group 1: Cross-Border E-commerce - Cross-border e-commerce effectively meets the personalized needs of consumers in various countries, characterized by high efficiency, fast delivery, and cost savings [1]. - Despite the U.S. policy change, the momentum of cross-border e-commerce development remains strong, with China expressing willingness to collaborate with other countries to create a fair and predictable policy environment [1]. Group 2: Trade Relations and Tariffs - China maintains a consistent stance against the unilateral imposition of tariffs by the U.S., urging the U.S. to recognize the negative impacts of such measures on both itself and the global economy [4]. - China emphasizes that any negotiations must be based on mutual respect, equality, and mutual benefit, and it will not compromise its principles for any agreement [4][5]. Group 3: Canton Fair Achievements - The 137th Canton Fair reported an export intention transaction of $25.44 billion, marking a 3% year-on-year increase, showcasing the resilience and vitality of China's foreign trade [6]. - The number of overseas buyers attending the fair reached over 280,000 from 219 countries and regions, reflecting a 17.3% increase compared to the previous spring fair, indicating strong global confidence in Chinese manufacturing and markets [6]. - The fair featured over 4.55 million products, including 1.02 million new products and 880,000 green low-carbon products, highlighting the acceleration of new trade dynamics and product upgrades driven by technological innovation and green development [6][7].

商务部回应何立峰赴法经贸会谈及白兰地关税调查：对对话磋商持开放态度 智通财经5月8日电，有记者提问，国务院副总理何立峰将前往法国参加经贸会谈。考虑到99%的进口白 兰地来自法国，而中国仍在考虑征收进口关税，中国对此次会谈有何期待？商务部新闻发言人何亚东表 示，应国内产业申请，商务部于2024年1月5日对原产于欧盟的进口相关白兰地发起反倾销调查。鉴于本 案情况复杂，案件调查已延期至2025年7月5日。目前，调查机关正在对欧盟出口商提交的价格承诺申请 以及初裁后各方提交的评论意见进行审查。调查机关将根据案件事实并在依法依规调查的基础上按期做 出最终决定。同时，我们对通过对话磋商解决经贸分歧持开放态度。 ...

利益相关方应于公告发布之日起三周内进行应诉登记。 据中国贸易救济信息网消息，2025年5月7日，韩国贸易委员会发布第2025-10号公告（案件调查号23- 2025-5）称，应韩国企业주식회사 유니드비티플러스（参考英文名UNIDBT Plus Co., Ltd.）申请，对原 产于泰国厚度不超过5毫米的纤维板（Fibreboard of wood or other ligneous materials）启动反倾销调查。 本案倾销调查期为2024年1月1日～2024年12月31日，损害调查期为2021年1月1日～2024年12月31日。涉 案产品的韩国税号为4411.12.1000、4411.12.9000、4411.92.1000、4411.92.9010、4411.92.9090、 4411.93.1000、4411.93.9010、4411.93.9090、4411.94.1000、4411.94.9000。 ...

Core Viewpoint - The Ministry of Commerce of China has initiated an anti-dumping investigation into imported medical CT X-ray tubes and their cores from the United States and India, as announced in a notification on April 29, 2025 [1][2]. Group 1: Investigation Details - The investigation targets medical CT X-ray tubes classified under the tariff code 90223000, excluding other products under this code [1]. - The notification specifies that the investigation questionnaire is divided into three categories: one for foreign exporters or manufacturers, one for domestic producers, and one for domestic importers [1][2]. Group 2: Questionnaire Submission - Relevant stakeholders are required to complete and submit the questionnaire within 37 days from the date of the notification [2]. - Failure to submit the questionnaire or non-compliance with the regulations may result in the investigation authority making a decision based on available facts and best information [2].