Browsing: tariffs and trade
Republican presidential nominee Donald Trump has said he could impose a 60% tariff on Chinese imports if he returns to…
Trump ‘betrayed’ Elon Musk with ‘EV-bashing’ RNC speech even after his $180 million pledge, GOP strategist says
After Tesla CEO Elon Musk reportedly pledged $180 million ($45 million per month) to Trump’s campaign—which would be the largest…
Europe faces a summer of diaper and tampon shortages as new EU deforestation laws threaten to disrupt the $3.5 billion industry
US paper makers are warning the European Union that a new law requiring them to trace timber to its origins…
Hedge funds have no idea what to do about Tesla as shares rally while Trump, tariffs, and backlash against ‘woke’ EVs loom
Hedge funds piled into short bets against Tesla Inc. right before the electric vehicle maker unveiled a set of numbers…
BYD to build $1 billion plant in Turkey, boosting the Chinese EV maker’s access to the EU as higher tariffs loom
Turkey will soon unveil an agreement with BYD Co. to construct a $1 billion plant in the west of the…
A loophole in U.S. tariffs on Chinese EVs has allowed a flood of golf cart imports, and domestic producers are asking Biden for help
The two largest golf cart producers in the US are asking for relief from an existential hazard: a flood of…
Japan’s exports last month grew at the fastest rate since November 2022, thanks to the weak yen
Japan’s exports surged 13.5% in May, faster than expected growth helped by a weak yen and strong demand in the…
China targets European farmers days after EU announces plans to tariff Chinese EVs—in the latest stand-off between the bloc and its largest economic partner
The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union…
‘The world might become stuck in the slow lane’—World Bank warns of the consequences of sustaining elevated interest rates
The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on…
China has a ‘near monopoly’ on many critical minerals. JPMorgan says it could be the next battleground with the U.S.
China has a “near monopoly” on the mining of many raw materials that are critical for the production of semiconductors…