Why Chinese EV tariffs may not work
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the …
Import and export prices
Trump suggests tariffs against nations including China over illegal immigration
Presidential candidate Donald Trump was booed and heckled by many in a raucous audience at the Libertarian National Convention on Saturday night, a marked change from the adulation he receives …
Vietnam reportedly forfeits billions of dollars in foreign aid amid anti-graft freeze
Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank …
Cognac makers rally on hints easing of EU-China spat
French President Emmanuel Macron (R) shakes hands with Chinese President Xi Jinping after delivering a joint statement at the Elysee Palace, as part of the Chinese president’s two-day state visit …
Australia joins global subsidy race with ‘Future Made in Australia’ plan
Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees …
EU reaches interim deal to extend tariff-free Ukrainian agricultural imports
The European Union has reached a provisional agreement on granting Ukrainian food producers tariff-free access to its markets until June 2025, the European Parliament said in a statement on Wednesday. …
China ambassador says Australia wine tariff review on track
Workers harvest Shiraz grapes by hand at the Helen & Joey Estate vineyard in the Yarra Valley region of Greater Melbourne, Australia. China’s review of tariffs on Australian wine is …
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration
Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by …
U.S. funding bill blocks China from buying oil from Strategic Petroleum Reserve
A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block China from buying oil from the Strategic Petroleum Reserve, or SPR. The desire for a …
Zelenskiy says Black Sea grain corridor in doubt without U.S. aid
Ukraine’s President Volodymyr Zelenskiy said on Monday that without new U.S. military aid his country would be unable to defend a Black Sea shipping corridor that has allowed Kyiv to …