US President Joe Biden has imposed new tariffs on goods including electric vehicles, batteries, and semi-conductors imported from China.
BUSINESS
Xiaomi’s successful SU7 launch puts smartphone maker among China’s top 10 EV upstarts
Chinese smartphone maker Xiaomi has become the country’s eighth-largest EV upstart after selling more than 7,000 units of its SU7 sedan in April, according to industry data.
China’s Imports of Russian Aluminum Stymied for Now by Surge in World Prices
Chinese buyers are temporarily shunning Russian aluminum, as commercial realities intrude on the push to deepen bilateral trade ties.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on…
Import Groups Decry Higher U.S. Tariffs on China-Made Goods
T rade groups representing importers derided President Biden’s move to raise tariffs on a range of imports from China, saying the duties will increase costs in supply chains and lead to higher prices for consumers.
Biden’s China tariffs aren’t a competitive cure-all for U.S. automakers, experts warn
New Biden administration tariffs will buy time for domestic automakers to make progress on electric vehicles, but China is still way ahead.
China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data
As China’s economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.
What Biden’s tariffs on Chinese imports may mean for American jobs, the economy and inflation
Seven years later, when President Barack Obama increased tariffs on tires imported from China, the initiative was credited with saving about 1,200 jobs in the US tire manufacturing industry, but came at a $1.1 billion…
China’s Auto Industry Is So Competitive, One Of Its Own Brands Is Leaving For Europe
Aiways will exit its home market and prioritize activity in Europe, where it already has a German HQ, report says …
Biden’s New Tariffs on China Won’t Stop Temu and Shein
While tariffs on big products like cranes and crucial components like semiconductors are important and understandably on Biden’s radar, China may already be winning a war of attrition, as more U.S.
President Biden’s new tariffs on goods from China will affect EVs, semiconductors and more
President Joe Biden imposed sweeping tariff hikes on electric vehicles and other goods imported from the China. Here’s how it affects you.
US to raise tariffs on EVs, batteries, solar cells, and computer chips from China
When it comes to EVs, the Biden administration is doubling down on tactics to lock Chinese manufacturers out of the US. Chinese-made EVs are a lot more affordable than other optio …
Joe Biden attacks China with massive electric vehicle tariff hike after warnings of ‘extinction-level event’
President Joe Biden has taken aim at China in the latest escalation of electric car tensions with a major announcement on EV imports. The White House announced earlier today that the tariff rate on …
What can luxury brands do to boost sales in China?
The first-quarter earnings painted a gloomy picture of trading conditions in China. Experts say brands should go even bigger with their stores and marketing campaigns.
