EU Accepts Price Undertaking from Chinese Electric Car Producer

The European Commission has accepted a price undertaking from Volkswagen (Anhui) Automotive Company Ltd. regarding its CUPRA Tavascan model. This acceptance exempts the company from countervailing duties, provided it adheres to minimum import prices, volume limits, and EU investment commitments.

EU Requests WTO Panel on China Royalties for High-Tech

The EU has requested the establishment of a WTO panel to rule on China's practice of empowering its courts to fix worldwide licensing conditions for standard essential patents. This action follows unsuccessful consultations and aims to protect EU high-tech companies and their investments in innovation.

EU Imposes Anti-Dumping Duties on ABS from Korea and Taiwan

The European Commission has imposed definitive anti-dumping duties on imports of Acrylonitrile Butadiene Styrene (ABS) from South Korea and Taiwan. Duties range from 5.2% to 7.5% for Korea and 10.9% to 21.7% for Taiwan, following an investigation that found dumped imports were injuring EU manufacturers.

EU Imposes Anti-Dumping Duties on Valine from China

The European Commission has imposed definitive anti-dumping duties ranging from 31.3% to 53.8% on imports of valine from China. The investigation found that dumped imports were causing injury to the EU's valine industry. The EU market for valine is valued at €100 million, with imports from China accounting for approximately €80 million.

EU Steel Safeguard Measure Negotiations

The European Commission has welcomed the start of trilogue negotiations on a new EU steel safeguard measure. The proposed regulation aims to protect the EU steel industry by reducing tariff-free import volumes, doubling out-of-quota duties, and introducing a 'melt & pour' requirement. The measure is intended to be fully in place by July 1, 2026.

Crapo Remarks on USMCA Trade Agreement Review

Senator Mike Crapo delivered remarks at a hearing discussing the U.S.-Mexico-Canada Agreement (USMCA) six years after its approval. The remarks highlighted the agreement's positive impact on American jobs, manufacturing, and economic growth, while also noting areas for improved enforcement and the importance of business certainty.

USMCA Hearing Announcement

The U.S. Senate Finance Committee announced a hearing on the U.S.-Mexico-Canada Agreement (USMCA) to evaluate North American competitiveness. The hearing is scheduled for February 12, 2026, and will feature testimony from various stakeholders.

Specialty Crops Reporting on Opportunities and Promotion Act

Senators Crapo and Wyden, along with Representatives Valadao and Bonamici, introduced the Specialty Crops Reporting on Opportunities and Promotion Act to address foreign trade barriers impacting U.S. specialty crop exports. The bill aims to improve the annual U.S. Specialty Crops Trade Issues Report to better identify and combat tariffs and other restrictions.

Sanctioning Timeshare Resort Linked to CJNG for Defrauding U.S. Citizens

The U.S. Department of State announced sanctions against Kovay Gardens, a Mexican timeshare resort, and associated individuals and companies for their involvement in timeshare fraud schemes orchestrated by the Cártel de Jalisco Nueva Generación (CJNG). This action was taken under executive orders targeting illicit drug proliferation and terrorism.

US Designates Russia-Based Cyber Firm for Trade Secret Theft

The U.S. Department of State has designated Russia-based Matrix LLC (Operation Zero) and its director, Sergey Zelenyuk, for significant theft of U.S. trade secrets. This action, taken under the Protecting American Intellectual Property Act and Executive Order 13694, blocks their assets in the U.S. and prohibits U.S. persons from conducting business with them.