CRS Update, U.S.-China Trade Relations, Tariffs, PNTR, Export Controls & Negotiations

CRS's August 2026 update documents a sharp contraction in bilateral goods trade (U.S. imports from China down 29.7% in 2025, down 23% in H1 2026 YoY) amid escalating tariffs, PRC nontariff retaliation, and contested export-control and PNTR legislative debates. The Trump Administration has pursued concurrent tariff negotiations and delayed several §301 and BIS actions while seeking a broader trade deal...