China Council for the Promotion of International Trade (CCPIT) on June 30
released its April 2026 global trade-friction index at 106, a high reading. The
value of measures involved fell 28.7% YoY but rose 5.0% MoM. Among 20 monitored
countries/regions, the US, India and the EU ranked top three. The US continued
to widen unilateral tools, expanding Section 232 tariff coverage to imports
including steel and aluminum and publishing its Special 301 report, leaving US
measures largest by amount.