USTR Seeks Public Comment on the Scope and Operation of a Mechanism to Promote Balanced and Reciprocal Trade with China

USTR noticePublished 06/02Open the original

Summary

USTR seeks comments on the operation of a U.S.-China Board of Trade to manage bilateral trade and on non-sensitive products that could benefit from tariff changes on each side. Comments are due July 10, 2026.

By industry

Tariffs & Reshoring1 trading day+2.8%p15 stocks5 trading days+1.1%p15 stocks20 trading days−7.1%p15 stocks
“non-sensitive products that could potentially benefit from tariff modifications on each side”

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Day	Tariffs & Reshoring stocks	S&P 500
26/06/01	0.0%	0.0%
26/06/02	+3.2%	+0.4%
26/06/03	+1.9%	−0.8%
26/06/04	+2.2%	−0.1%
26/06/05	−1.5%	−2.8%
26/06/08	−1.2%	−2.3%
26/06/09	−0.1%	−2.7%
26/06/10	−2.2%	−4.3%
26/06/11	+3.2%	−2.3%
26/06/12	+3.9%	−1.9%
26/06/15	+0.8%	−0.4%
26/06/16	−0.3%	−0.8%
26/06/17	−1.9%	−1.8%
26/06/18	−2.9%	−1.2%
26/06/22	−3.3%	−1.7%
26/06/23	−5.8%	−2.9%
26/06/24	−6.4%	−2.5%
26/06/25	−4.5%	−3.0%
26/06/26	−5.7%	−3.4%
26/06/29	−8.1%	−2.1%
26/06/30	−8.5%	−1.4%

Korean stocks in these industries

Hyundai Steel 004020
POSCO Holdings 005490
SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$5M
21,954 sh
$5M
Filed 05/19
Traded 05/15
Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$3.7M
16,239 sh
$3.7M
Filed 05/19
Traded 05/15
Celso L. Goncalves Jr.EVP, CFO
SellCleveland-Cliffs
Sell
Cleveland-Cliffs
CLF
$2.9M
214,308 sh
$2.9M
Filed 06/05
Traded 06/05
Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$2.1M
9,366 sh
$2.1M
Filed 05/19
Traded 05/15
Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$1M
4,441 sh
$1M
Filed 05/19
Traded 05/15
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$4.6M
25,823 sh
$4.6M
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.7M
13,269 sh
$2.7M
Filed 06/24
Traded 06/22
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.5M
13,865 sh
$2.5M
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.4M
13,164 sh
$2.4M
Filed 06/04
Traded 06/02
Kenneth Rex QueryEVP
SellNucor
Sell
Nucor
NUE
$2.1M
8,380 sh
$2.1M
Filed 06/03
Traded 06/01
Kimberly A. FieldsPresident, CEO and Director
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1.9M
11,982 sh
$1.9M
Filed 05/12
Traded 05/11
Allen C. BehrEVP
SellNucor
Sell
Nucor
NUE
$1.9M
8,438 sh
$1.9M
Filed 05/06
Traded 05/04
Marshall D. AkinsVP and Chief Comm Officer
SellCarpenter Technology
Sell
Carpenter Technology
CRS
$1.5M
3,434 sh
$1.5M
Filed 05/06
Traded 05/05
John J. HollatzEVP
SellNucor
Sell
Nucor
NUE
$1.4M
5,522 sh
$1.4M
Filed 06/04
Traded 06/03
Kimberly A. FieldsPresident, CEO and Director
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1.4M
8,780 sh
$1.4M
Filed 05/12
Traded 05/11
Marshall D. AkinsVP and Chief Comm Officer
SellCarpenter Technology
Sell
Carpenter Technology
CRS
$1.3M
2,947 sh
$1.3M
Filed 05/06
Traded 05/05
John J. HollatzEVP
SellNucor
Sell
Nucor
NUE
$1.3M
5,038 sh
$1.3M
Filed 06/04
Traded 06/03
Kenneth Rex QueryEVP
SellNucor
Sell
Nucor
NUE
$1.3M
5,149 sh
$1.3M
Filed 06/03
Traded 06/01
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$1.2M
4,401 sh
$1.2M
Filed 06/08
Traded 06/05
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$1.1M
4,177 sh
$1.1M
Filed 06/08
Traded 06/05