Morning News on June 3, 2024

Morning News:① The Ministry of Commerce and other three departments: Implement export controls on equipment, technology and software related to aviation, aerospace, shipbuilding and other fields, which will be implemented from July 1

② The Ministry of Commerce: Will promote the issuance of the “Opinions on Expanding Cross-border E-commerce Exports and Promoting Overseas Warehouse Construction” as soon as possible

③ The Tariff Commission of the State Council: Suspend the tariff concessions for some products in the “Cross-Strait Economic Cooperation Framework Agreement”

④ MSC announced the adjustment of multiple Chinese routes

⑤ Domestic LED display overseas orders increased significantly, and emerging markets such as Southeast Asia, the Middle East and Africa rose

⑥ The depreciation of the yen pushed up import costs, and Japan had a huge trade deficit again in April

⑦ The EU may postpone the decision to impose taxes on Chinese electric vehicles until after the European Parliament elections on June 9

⑧ The United States slowed down the approval of Middle East chip exports, and Nvidia and AMD’s stock prices fell in response

⑨ Japan announced strict control of semiconductors and machine tools to prevent technology leakage

⑩ The EU announced that it will impose tariffs on Russian grains from July, in order to actually stop imports

Morning News
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