The U.S. Trade Representative has indicated that it will take retaliatory measures over China's targeting of the maritime, logistics, and shipbuilding sectors for dominance.
The U.S. Trade Representative has issued findings in the Section 301 investigation of China's practices, and concluded that China's targeted dominance in these sectors is unreasonable and burdens or restricts U.S. commerce, and is therefore "actionable".
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.