Xi-Biden meet: Tariffs to Taiwan, what ails US-China ties as Trump looms | Donald Trump News
United States President Joe Biden and President Xi Jinping of China will meet on Saturday in what is expected to be their last face-to-face meeting…
Trump’s red wave drives the euro down: How low could it go?
The euro fell to 1.05 against the dollar on Thursday, hitting a fresh 13-month low as President-elect Donald Trump's trade policies and tax cuts are…
Tariffs, immigrants and fiscal policy: Trump’s second term as US president | Donald Trump News
When Donald Trump is sworn in as the 47th president of the United States on January 20 next year, one of the first things economists…
Trump vows tariffs on Mexico over border issues | US Election 2024
NewsFeedOn the final day of campaigning before the US elections, Republican presidential candidate Donald Trump vowed to slap 25% tariffs on all imports from Mexico,…
Taxes, Tariffs and More: 5 Key Economic Stakes of the US Election
Breadcrumb Trail LinksPMN BusinessThe US election on Tuesday will have far-reaching economic consequences, ranging from how Americans are taxed to how the country trades with…
Volkswagen’s earnings disappoint as shares plunge to 24-year low
Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China.…
EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing | Automotive Industry
China’s Commerce Ministry promises to take ‘all necessary measures’ to protect the interests of Chinese firms.The European Union has decided to sharply raise tariffs on…
How Trump tariffs could plunge Mexico into recession, boost migration
MEXICO CITY — If former President Trump is reelected and follows through with his promise to slap new tariffs on all imports to the U.S., experts…
The Ongoing Trade Dispute Between Turkey and China Over Electric Vehicle Tariffs in the WTO
In October 2024, China initiated a trade dispute with Turkey at the World Trade Organization (WTO), marking the latest development in rising tensions over international…
Indonesia eyes hefty tariffs on China as businesses decry cheap imports | International Trade
Medan, Indonesia – Siti Faiza has run Faiza’s Production House, a traditional women’s wear business, in Solo, Central Java since 2008. Faiza started her business…
German business confidence tumbles: Why is the DAX index defying gravity?
Germany's business confidence slumped for the fourth straight month in September, but the DAX stock index is defying the economic gloom, nearing record highs. ADVERTISEMENTGermany's…
Canada to Impose 100% tariff on Chinese-made electric vehicles
In alignment with the United States, Canada announced a 100% tariff on Chinese-made electric vehicles (EVs), including those produced by Tesla. Tesla’s shares fell by…
Canada to Hit China With Tariffs on Electric Vehicles, Steel
Breadcrumb Trail LinksPMN BusinessCanada will impose new tariffs on Chinese-made electric vehicles, aluminum and steel, lining up behind western allies and taking steps to protect…
China says it would defend itself against EU tariffs on EVs
The Chinese government said on Wednesday that it would take "all necessary measures" to defend itself against European Union tariffs against its electric vehicle industry…
European Union proposes reduced tariffs on Tesla, Chinese-made EVs
The European Union on Tuesday introduced a draft proposal that would reduce the anticipated tariffs on several Chinese electric vehicle firms along with Tesla vehicles…
Biden announces new tariffs on Chinese steel and aluminum from Mexico
1 of 2 | President Joe Biden on Wednesday announced new tariffs on steel and aluminum in an effort to combat Chinese steel being routed…
EU imposes tariffs of up to 38% on Chinese electric vehicles | Business and Economy News
Volkswagen, Europe’s biggest carmaker, warns extra duties will not strengthen Europe’s auto industry. The European Union has imposed extra duties of up to 37.6 percent…
‘Summer Davos’ Highlights Corporate Anxiety Over Global Tariffs
Breadcrumb Trail LinksPMN BusinessGlobal trade tariffs were top of mind for attendees at the event known as Summer Davos in China this week, with companies…
Canada considering tariffs on Chinese-made EVs | Business and Economy News
Canada said the domestic car sector faced unfair competition from China’s ‘state-directed’ global oversupply of EVs. Canada is considering whether to impose import tariffs on…
Why is the EU imposing new tariffs on Chinese-made electric vehicles? | News
China accuses Brussels of protectionism, EU says Chinese subsidies are unfair. The European Union plans to impose harsh new tariffs on Chinese-made electric vehicles, which…