Europe’s Battery Ambitions Falter as China Pulls Ahead
FRANKFURT/BRUSSELS/BEIJING — China’s lead in global battery manufacturing continues to grow, while Europe’s efforts to build a competitive battery cell industry are faltering. The recent financial collapse of Swedish startup Northvolt is more than an isolated failure—it’s a symptom of … Continue reading Europe’s Battery Ambitions Falter as China Pulls Ahead
EU’s New Smartphone Rules Take Effect
BRUSSELS – As of 20 June , the European Union’s new Ecodesign Regulation requires smartphone and tablet manufacturers to provide a minimum of five years of operating system and security updates from the end of product’s sale period, effectively extending support to six … Continue reading EU’s New Smartphone Rules Take Effect
China and EU Signal Thaw as Xi Urges Closer Ties
BEIJING — Marking 50 years of diplomatic relations, Chinese President Xi Jinping called on the European Union to deepen mutual openness and resolve differences “properly,” signaling a renewed push to strengthen ties with Europe as global trade frictions escalate. His … Continue reading China and EU Signal Thaw as Xi Urges Closer Ties
Trump Announces 90-Day Tariff Suspension, China exempted
WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted
Great Britain Joins the CPTPP: New Era of Global Trade
LONDON – Great Britain has officially become the latest member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking a significant milestone in the country’s post-Brexit trade strategy. With its accession, the UK becomes the first European nation … Continue reading Great Britain Joins the CPTPP: New Era of Global Trade