Under Biden, a booming U.S. economy was stung by inflation
Open this photo in gallery:U.S. President Joe Biden speaks at Ingeteam Inc., an electrical equipment manufacturer, in Milwaukee, Wis. on...
archiveTariffs
Trump’s proposed tariffs would hurt U.S. economy.
For those who care about the economy, ex-President Donald Trump has favored increasing tariffs on Chinese imports and imports from...
Stephen Roach on how Beijing can right its economic course and the US’ big China ‘blunder’
Now, nearly 11 years later, I would have to say that while the Chinese economy has progressed on many fronts,...
BYD revolutionizes European auto industry with $1 billion Turkish investment
By Asif Aydinli Leading Chinese electric vehicle manufacturer BYD is investing around $1 billion in the Turkish economy to build...
China unveils next steps in EU brandy probe as EV tariffs take effect
BEIJING (Reuters) -- China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect.While a Commerce Ministry spokesperson stressed at a news conference on Thursday that Brussels and Beijing should stay at the negotiating table ahead of the bloc confirming tariffs of up to 37.6% on Chinese-made EVs, the prospect of retaliation was kept alive by a reference to another probe into EU pork imports.The Commerce Ministry said...
China-EU trade reaches turning point with EV tariffs set to begin, but ‘scope to compromise’
“The investigation has also examined the likely consequences and impact of these measures on importers, users and consumers of BEVs...
Starmer will have to walk a US-China tightrope – POLITICO
Trump has been clear that on trade he wants to confront China directly, and that he’d like to accelerate the...
China wants EU to scrap EV tariffs on EVs by July 4, Chinese state media reports
BEIJING (Reuters) - Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4,...
German Chamber in China Says EU Tariffs Won’t Protect Automakers
(Bloomberg) -- The German business chamber said the European Union should invest to become more competitive instead of hiking tariffs on China-made electric vehicles, adding to Berlin’s efforts to avert or soften the trade curbs. The call comes as Brussels decided to impose additional tariffs on EVs shipped from China, taking levies to as much as 48%. This affects Chinese carmakers including BYD Co., Geely Automobile Holdings Ltd. and SAIC Motor Corp., who were accused of distorting the market through state subsidies. “Tariffs as suggested now by the EU will...
German firms hope EU-China tariff talks can help dodge shake-up in EV business
“As we need the Chinese market to remain open, therefore we are also longing to keep the European market open,”...
