Canada on Monday said would impose 100% import tariffs on China-made electric vehicles, as well as a 25% tariff on steel and aluminum imports from China. Canada said its EV, steel and aluminum …
BUSINESS
China’s industrial strategy on ‘collision course’ with top German export industries
Chinese excavators are loaded on a ship at the port of Yantai, East China’s Shandong province, May 2024. CFOTO/gettyimages Subsidised Chinese exports are increasingly threatening the viability of Germany’s top exporters in the global markets,…
Top Events of the Day: Premier Energies IPO, student protests in WB, J&K election nominations deadline, and more
Investors can apply for the IPO in lots, with the minimum lot size being 33 shares, requiring a minimum investment of ₹14,850 for retail investors. White House National Security Advisor Jake Sullivan …
Canada hits China-made electric cars with 100% tariff
Canada says it will impose a 100% import tariff on imports of China-made electric vehicles (EV) after similar announcements by the US and European Union. The country also plans to impose a 25% duty on…
Honor gets strategic investment from China Mobile
Chinese smartphone manufacturer Honor has received an investment from China Mobile Communication Co., the parent company of the country’s largest mobile operator. While the exact terms of the deal …
BHP’s China headache won’t stop the billions flowing
The collapse of China’s property sector has had a major impact on demand … BHP’s aspiration of increasing its iron ore production, however, underscores its conviction that the business will continue …
China export curbs on semiconductor materials stoke chip output fears
The person at the affected company said that while some large shipments of Chinese gallium were still being made, overall exports had fallen by about half since the controls were implemented. “If China reduces gallium…
IBM shutters China R&D facilities, blaming declining infrastructure business — shutdown affects over 1,000 employees
The executive who hosted the virtual meeting, Jack Hergenrother, instead pointed at IBM’s declining infrastructure business as the root cause behind the firm’s China exodus. This bad news took some …
China’s Avatr EV Brand Teams With Dior Homme’s Creative Director
China’s upmarket EV maker Avatr has waved the stylistic wand of high European fashion over its 0 series to deliver the limited-edition Avatra 012.
Little-known car brand to release incredibly cheap EV – with 193-mile range & seats that turn into BEDS
A LITTLE-KNOWN car brand is set to launch an incredibly cheap EV with seats that convert into beds. Dongfeng, one of the largest car makers in China, has arrived in Europe with the Nammi Box…
Price wars: only 2 out of more than 30 Chinese electric car manufacturers make a profit
Electric vehicles account for more than half of new car sales in China, but the vast majority of brands are making a loss selling electric cars. This …
Canada Is Adding Tariffs to Imports of Chinese EVs, Steel and Aluminum
A 100% surtax will be applied to electric vehicles made in China, while a 25% surtax will be slapped on imports of steel and aluminum products.
Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US
Canada’s government says it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission …
