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…
Costly US Sugar Tariffs Drive Candy Makers Over the Border to Canada
Breadcrumb Trail LinksPMN BusinessSweets production has expanded in Canada as companies look to supply sugar-hungry North American households while avoiding US protectionist policies.Author of the article:Published Jun 08, 2024 • …
EU agrees tariffs on Russian, Belarusian grain imports from July | Business and Economy News
The bloc says the charges on grain and other farm products will halt imports of these goods. European Union trade ministers have agreed to impose…
The Increase In Electricity Tariffs In Nigeria Is Affecting Healthcare
On May 18, Hikmat’llah Oni walked into an ear care centre after battling pain in her throat for a couple of days. On getting there,…
Canada exploring higher tariffs on Chinese EVs: trade minister
Article contentCanada is examining whether it needs to raise tariffs on Chinese-made electric vehicles after the White House announced major new levies on them, Trade…
Key Conservative Group Advises Trump: More Tax Cuts, No Tariffs
Breadcrumb Trail LinksPMN BusinessAn anti-tax advocacy group with ties to billionaire Jeff Yass and shipping magnate Richard Uihlein is jockeying for a fresh round of…
Who benefits from US tariffs on Chinese imports? Experts weigh in | US Election 2024 News
The trade war between the United States and China continued this week with its latest salvo – a move that comes amid a heated race…
Biden slaps new tariffs on Chinese imports, ratcheting trade war | Business and Economy News
President Joe Biden has slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminium and medical equipment, taking potshots at Donald…