Using a North American “melted and poured” standard for steel, the United States and Mexico on Wednesday unveiled new measures to combat China and other nations that export goods via Mexico evading U.S. tariffs on steel and aluminium. According to… Read More ›
In its worst trade dispute to yet, the European Union is set to apply duties of up to 37.6% on Chinese-made electric car imports starting on Friday, according to EU officials. This move is certain to escalate tensions with Beijing…. Read More ›
China’s commerce ministry stated on Thursday that the country is hopeful that talks with the European Union would result in a “mutually acceptable solution” over provisional tariffs on Chinese electric cars (EVs) that are set to go into effect on… Read More ›
Ooredoo, a telecom company based in Qatar, said CNBC on Wednesday that it complies with all US legislation regarding its new partnership with Nvidia and would continue to have access to cutting-edge technology. Nvidia made its first significant foray into… Read More ›
According to the CEO of the European Investment Bank (EIB), the bank plans to increase funding for European defence projects including drones, satellites, and cyber security. The bank wants to invest an additional 6 billion euros ($6.4 billion) in this area. The… Read More ›
Despite mounting concerns about U.S.-China relations and the overall economic environment, the majority of Chinese firms surveyed recently in the U.S. said they are still enthusiastic about the market’s long-term prospects. According to the China General Chamber of Commerce’s annual… Read More ›
Senior officials from both China and the EU said on Saturday that negotiations on the proposed tariffs on Chinese-made electric cars (EVs) entering the European market had begun. Robert Habeck, Germany’s minister of economics, claimed that EU commissioner Valdis Dombrovskis… Read More ›
After a slow period, JPMorgan Chase’s CEO of asset and wealth management, Mary Erdoes, stated that the bank is witnessing indications of an improved Chinese economy, which will support the bank’s operations in the nation. As China’s economy develops unevenly… Read More ›
Although Labour, a left-leaning party, has courted bankers in a bid to achieve power, several of its policies are still anticipated to negatively impact the industry’s earnings should it win next month’s election. Labour was once perceived as being antagonistic… Read More ›
China’s trade ministry said on Thursday that the European Commission’s eight-month anti-subsidy inquiry has yielded unprecedented amounts of precise information about the supply chains of Chinese automakers, information that may potentially hinder fair competition. In an effort to counteract excessive… Read More ›
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