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1. North Korean defectors push for Ukraine deployment to wage psychological warfare A group of nearly 200 North Korean defectors living in South Korea is pushing to deploy to Ukraine so they can launch a psychological warfare campaign against their former comrades, now reportedly assembling in Russia. 2. ‘A lot of unknowns’: China-born scientists face […]
BYD electric cars waiting to be loaded onto a ship for export at Taicang Port in Suzhou. AFP Cici Cao and agencies The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 percent at the end of its highest-profile trade investigation that has divided Europe and prompted […]
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China. Source link
Aerial photograph shows electric cars for export stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu Province. The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs. Str | Afp | Getty Images China’s commerce ministry said it “does not […]
Chinese car giant Geely will now face an extra duty of 18.8% in the EU. (AP pic) BRUSSELS: The EU today decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support to local manufacturers was unfair. The extra taxes have been controversial, with strong opposition from Germany and Hungary […]
Extra duties on imports of electric vehicles from China are due to enter into force on Thursday. Photo: STR / AFP/FileSource: AFP The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support to local manufacturers was unfair. The extra taxes have been controversial, with strong […]
Former President Donald Trump stood by his idea to end income taxes and substitute them with tariffs in a Friday interview with Joe Rogan, the host of one of the most widely listened to podcasts in the world. “Did you just float out the idea of getting rid of income taxes and replacing it with […]
“To me, the most beautiful word in the dictionary is ‘tariff’,” Donald Trump told an audience at the Economic Club of Chicago last week. Judging from the thunderous applause that followed, many in the business community believe that Trump’s plan for comprehensive tariffs will help their bottom lines. At the same time, Trump and his […]
“The secular story of India is very good. There is growth in the market. There is a lot of manufacturing coming in. So, all those things are good for the economy,” says Santosh Rao, Manhattan Venture Partners.You think this is a temporary blip in the markets because for the longest time we have spoken about […]
The risk of US tariffs rattled China’s industry, responsible for over US$400 billion in exports to the US and components for American goods. (EPA Images pic) GUANGZHOU: If Donald Trump wins next month’s US presidential election, Mike Sagan’s toy-making company will halve its China supply chain within a year. KidKraft, which also makes outdoor play […]