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China considers higher tariffs on large petrol cars as EU tensions escalate

by Walter Watson
China considers higher tariffs on large petrol cars as EU tensions escalate

“The timing of the action basically suggests that this is a response to the EU tariff on made-in-China EVs,” said Gary Ng, senior economist at Natixis Corporate and Investment Bank. …

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Germany’s Robert Habeck holds EU line on Chinese EVs, says tariffs are not punitive

by Ron Morgan
Germany’s Robert Habeck holds EU line on Chinese EVs, says tariffs are not punitive

“I looked at the trade figures and Chinese trade with Russia increased more than 40 per cent last year,” Habeck said. “But something like half of it is related to …

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AAFA worried about increased tariffs on Chinese apparel imports

by Lionel Rogers
AAFA worried about increased tariffs on Chinese apparel imports

Translated by Nicola Mira Published May 16, 2024 China “cheats” and “we won’t let it flood our market,” said US president Joe Biden on May 14, to justify quadrupling customs …

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Opinion | EU will lose more than it gains by raising tariffs on Chinese EVs

by Walter Watson
Opinion | EU will lose more than it gains by raising tariffs on Chinese EVs

Apart from potentially slowing the EU’s switch from gas-reliant vehicles to low-emission alternatives, the tariffs are an invitation for Beijing to retaliate. The bloc is not as innocent as it …

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Opinion | China is still a developing country despite what US leaders might say

by Ron Morgan
Opinion | China is still a developing country despite what US leaders might say

However, the United States does not want to recognise China’s status as a developing country. In 2019, the Trump administration published a memo on developing-country status in the World Trade …

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China’s excess clean energy production is ‘likely only temporary’, former central bank chief says

by Ron Morgan
China’s excess clean energy production is ‘likely only temporary’, former central bank chief says

Zhou said one of the factors contributing to excess capacity was slow progress in upgrading power grids and installing energy storage facilities. “Overcapacity is likely only temporary since the world …

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US Trade Representative Katherine Tai denounces China for filing WTO complaint over EV subsidies

by Walter Watson
US Trade Representative Katherine Tai denounces China for filing WTO complaint over EV subsidies

The US criticised China’s decision to file a complaint with the World Trade Organization over “discriminatory” subsidies for electric vehicles (EVs) on Tuesday, charging that the real unfair trader was …

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Opinion | Trade reforms swept under the carpet as WTO meeting achieves little

by Walter Watson
Opinion | Trade reforms swept under the carpet as WTO meeting achieves little

But the frustrating, mind-numbing banality of proceedings in Abu Dhabi seemed to surprise even the most enthusiastic trade policy wonks. One must question the millions of dollars spent on flying …

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Muted outcome of WTO talks throws trade body into ‘crisis’

by Walter Watson
Muted outcome of WTO talks throws trade body into ‘crisis’

“We will have to see how we pick up the pieces,” the official said, on the condition of anonymity. Ngozi Okonjo-Iweala, director general of the World Trade Organization, holds a …

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Chinese commerce minister meets with US trade representative at WTO conference in Abu Dhabi

by Walter Watson
Chinese commerce minister meets with US trade representative at WTO conference in Abu Dhabi

China’s commerce minister, Wang Wentao, expressed Beijing’s “solemn concerns” over US tariffs and Taiwan-related issues in the economic and trade domain during a meeting with US Trade Representative Katherine Tai …

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