In case the Trump administration in the United States places new tariffs on foreign cars and vehicle parts, there will be retaliatory action as threatened by the EU, Mexico and Canada. The threat was delivered by the countries to a… Read More ›
Regulations & Legal
Steps To Tackle Trump Tariffs Being Worked Out By Amazon, Toyota, Alcoa And Others
Measures to mitigate the impact of Trump tariffs and to get ready for new tariffs are being worked out by some of the larger companies in the United States such Amazon.com Inc, Toyota Motor Corp and Alcoa Corp./ While the… Read More ›
Policy debate on China’s monetary policy rages as economy faces strong headwinds
China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›
US Business Being Scaled Back By Chinese Bike-Sharing Firm Ofo
Expansion plans in the United States is being scaled back by Chinese bike-sharing startup Ofo. The firm says that it was is in the process of laying off staff throughout the country even though it is less than a year… Read More ›
EU Antitrust regulators to launch full-scale investigation into Thales’ $5.6 billion bid for Gemalto
Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›
Drugs Stockpiling In EU To Be Done By AstraZeneca For A Hard Brexit
Anticipating a no-deal Brexit, drug company AstraZeneca plans to enhance its stockpiles of drugs in Europe by almost 20%. There could be a possible hard Brexit in April 2019 and the European regulator has informed companies to get ready for… Read More ›
One Third Of Global Economy Covered In EU-Japan Trade Deal
Tariffs on almost all exported gods were either reduced or completely eliminated in a new free trade deal that was signed between the European Union and Japan on Tuesday. The deal encompasses almost 600 million people and about one third… Read More ›
China To Ease Monetary Policy To Counter Trade War
Following the ongoing trade war with the United States, it is likely that China would announce a shift in its monetary policy from one that leverages to one that is able to buttress” growth. This after the second largest economy… Read More ›
WTO needs rules on forced transfer of technology: European Council President Donald Tusk
European Commission President Jean-Claude Juncker and European Council President Donald Tusk are in Beijing to meet Chinese Premier Li Keqiang for the annual China-EU leaders dialogue. On Monday, Donald Tusk, the President of the European Council stated, the World Trade… Read More ›
China registers highest trade surplus levels with U.S. in June since Dec. 2017
The data could potentially prolong and deepen the ongoing trade war. Official data from the U.S. shows, Beijing’s exports to the United States, have unexpectedly risen to record highs. China’s trade surplus with the U.S. peaked in June and could… Read More ›
