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
Tariff dispute escalates: China and EU in conflict
BEIJING/BRUSSELS – Amidst growing tensions between the European Union and China over the imposition of tariffs on Chinese electric cars, Beijing has now responded with a countermeasure. Starting from October 11, importers of brandy from the EU must deposit “security … Continue reading Tariff dispute escalates: China and EU in conflict
EU plans punitive tariffs on Chinese EV cars
BRUSSELS/BERLIN – The European Commission has received the green light to impose high tariffs on electric vehicles produced in China. This measure, which has not yet been finalized, aims to protect European manufacturers from what is seen as China’s distortive … Continue reading EU plans punitive tariffs on Chinese EV cars