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VisitUSTR Removes Tencent's WeChat from 2024 Notorious Markets List on January 8 After Two Years of Inclusion
Jan 9, 2025, 02:22 AM
On January 8, the U.S. Trade Representative's Office (USTR) published its 2024 Notorious Markets for Counterfeiting and Piracy Report, which notably removed Tencent's WeChat from the list. This marks the first time WeChat has not been included in the report since it was added in 2022 and 2023. The decision comes shortly after the Department of Defense (DOD) designated Tencent, along with other Chinese companies, as 'Chinese military companies.' The contrasting actions by U.S. agencies highlight a complex relationship with major Chinese firms, as Tencent was recently noted for being placed on one list and removed from another within days.
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Markets
Yes • 50%
No • 50%
Official announcements from the U.S. Department of Defense
Yes • 50%
No • 50%
Official announcements from U.S. government agencies
No • 50%
Yes • 50%
USTR's Notorious Markets List for 2025
Sanctions • 25%
Other • 25%
Cooperation agreements • 25%
Trade restrictions • 25%
Official announcements from U.S. government agencies
Other • 25%
No change in stance • 25%
Increased restrictions • 25%
Decreased restrictions • 25%
Official announcements from U.S. government agencies
Alibaba • 25%
Other • 25%
Tencent • 25%
Huawei • 25%
Analysis from major financial and tech news outlets