International trade
EU countries divided on Chinese EV tariffs in vote, Reuters reports
Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday. The European Commission, which oversees […]
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China-built EVs strike with EU tariffs Nio says it could have to increase charges in Europe
The European Union on Thursday confirmed its final decision to hike tariffs on electric powered autos imported from China — with a single automaker issuing fresh warnings that it may have to raise rates as a end result. The European Commission, the government arm of the European Union, declared strategies for these types of levies […]
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Uk human legal rights team launches marketing campaign to end Shein’s likely London IPO
British isles-centered human legal rights group Prevent Uyghur Genocide has launched a authorized campaign to block Shein’s possible London listing above concerns about its labor methods, a regulation organization representing the marketing campaign group said on Wednesday. Monika Skolimowska | Photograph Alliance | Getty Photographs United kingdom-based human rights group Stop Uyghur Genocide has launched a authorized campaign to […]
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Tesla could get special duties as part of higher China EV tariffs, EU says
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla could be hit with a specially calculated duty on its cars produced in China and imported […]
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As Putin and Xi meet, the power dynamics between Russia and China keep the West guessing
China’s President Xi Jinping and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on Oct. 18, 2023. Pedro Pardo | Afp | Getty Images Russia’s close relationship with superpower China is under close scrutiny as Russian […]
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Xi welcomes Putin to China as both leaders seek to bolster strategic ties
China’s President Xi Jinping (R) and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023. Pedro Pardo | Afp | Getty Images Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing […]
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China is engaged in ‘deliberate’ initiatives to undermine the U.S. and Europe, suggests EU envoy Gitenstein
Mark Gitenstein, the U.S. ambassador to the EU, stated China is deliberately distorting marketplaces with a glut of low cost products. Speaking to CNBC’s Silvia Amaro on Tuesday, Gitenstein explained China was “engaged in a deliberate energy to undermine financial sectors in both of those Europe and the United States.” The Chinese Embassy in London […]
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Biden raises tariffs on $18 billion of Chinese imports: EVs, photo voltaic panels, batteries and much more
U.S. President Joe Biden fulfills Chinese President Xi Jinping on the sidelines of the G-20 leaders’ summit in Bali, Indonesia, on Nov. 14, 2022. Kevin Lamarque | Reuters The Biden administration introduced stiff new tariff prices Tuesday on $18 billion value of Chinese imports. The White Dwelling stated the tariff hikes were necessary to secure […]
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U.S. and China trade divisions threaten a ‘reversal’ for international financial state, IMF official warns
China’s President Xi Jinping speaks at an party held by the National Committee on US-China Relations and the US-China Business enterprise Council on the sidelines of the Asia-Pacific Financial Cooperation (APEC) Leaders’ 7 days in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty Visuals Discrepancies among U.S.-led Western and China-aligned […]
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Trump could push inflation greater with his 2nd-term economic agenda, analysts say
Republican presidential candidate former President Donald Trump speaks to company throughout a rally at Clinton Center College on January 06, 2024 in Clinton, Iowa. Scott Olson | Getty Photographs Information | Getty Illustrations or photos Former President Donald Trump is developing a next-term financial agenda that analysts say could reheat the very inflation that he […]
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