Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the …
BUSINESS
China tests EU resolve on export trade fight: podcast
France’s Emmanuel Macron got little to show from President Xi Jinping’s European tour this month. In this Exchange podcast, MERICS expert Grzegorz Stec explains the difficulty of managing ties with …
US announces tariffs on $18 billion of China imports, including 100% on electric vehicles
This was part of a series of tariff rises on $18 billion worth of Chinese imports that the White House announced on Tuesday.
US To Raise Tariffs On $18 Bn Of China Imports Including Chips
The United States is hiking tariffs on $18 billion worth of imports from China, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday …
Biden announces new tariffs on imports of Chinese goods, including electric vehicles
President Biden is keeping the tariffs on Chinese imports put in place by his predecessor and 2024 opponent, former President Donald Trump. And he’s adding new ones for things like electric vehicles.
Biden to increase tariffs on $18 billion in Chinese imports in a new warning to Beijing
“China’s simply too big to play by its own rules.” Biden’s predecessor, former President Donald Trump, enacted a sweeping tariff program on $300 billion in Chinese imports during his administration, …
US and China at odds over corn import ideas after soy divergence
Two months ago, the U.S. Department of Agriculture stopped using Chinese customs data to estimate China’s soybean imports since supplier data indicated much larger volumes, creating a large gap …
President Biden unveils a historic wave of tariffs on ‘strategic’ Chinese imports
President Joe Biden ramps up pressure on China with new targeted tariffs on a range of goods as his rival Donald Trump weighs even more draconian measures should the Republican win in November.
U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
The move comes amid a number of tough China policies from the White House aimed at protecting U.S. national security. U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company…
Bitcoin price pushes toward $63K after bullish Asian session as mainland China approaches BTC ETF market
Mainland China managed 50% attendance at Hong Kong’s Bitcoin Asia conference following BTC and ETH ETF approval.
China is asking its tech giants to ditch Nvidia chips and buy local instead: report
Chinese officials told TikTok parent company, Bytedance, Alibaba, Baidu, and Tencent to buy Chinese-made AI chips instead of Nvidia’s.
China’s brands favored by foreigners unveiled
The 2024 China’s brands favored by foreigners was announced during the China Brand Day events in Shanghai on May 10. Fifty brands were selected, according to Xinhua News Agency. The announced brands …
US bans China crypto-miner from nuclear base area
US President Joe Biden has ordered a Chinese-owned cryptocurrency miner and its partners to sell land they own near a US nuclear missile base, citing spying concerns. MineOne Partners, which the White …
