Any amount of tariff hike would mean higher prices for consumers as European EV production is significantly costlier.
Featured Posts Title
Gauff wins first match since US Open, makes 3rd round in Beijing
China firmly opposes unilateralism, protectionism in name of addressing ‘overcapacity’, ‘forced labor’: trade rep at G20 meeting
Novak Djokovic reveals what comes next after Beijing quarter-final
Xi and other Party and state leaders attend ceremony to present flower baskets to national heroes on Martyrs’ Day in Beijing
China launches anti-dumping probe into EU p-nitrotoluene imports on domestic industry application, citing injury to Chinese producers: MOFCOM
Days after Trump welcomes Xi, months-long China-linked campaign targeting US AI and military tech exposed
China demands copper supply commitments for Anglo Teck merger approval, sources say
Recent Posts
EU tariffs on Chinese EVs could cost Beijing $4B in trade, trade conflict looms
It’s D-Day for Europe’s trade relationship with China
Higher import tariffs on China-made electric cars in Europe could set off a tit-for-tat escalation akin to that between the US and China.Credit: Bloomberg With the EU accusing China’s EV makers of not …
China courts Spain to push EU on electric vehicle probe
In a separate statement, the Chinese ministry also said it had set up a coordination mechanism for foreign-funded enterprises to express their difficulties about doing business in China. It gave no …
Beijing’s Macau money swap crackdown no surprise: JPM
Beijing’s planned clampdown on unauthorised money changing in Macau, reported by mainland China media on Monday, “isn’t the first time that authorities have vowed to crack down on similar activities in Macau,” said a Tuesday…
Self-Exiled Hong Kong Artist Aims to Counter China’s Silence on June 4
TAICHUNG, Taiwan (Reuters) – Hong Kong artist Kacey Wong is striving to keep alive the memory of China’s June 4 crackdown on pro-democracy demonstrators from his adopted home of Taiwan, as Chinese authorities again bar…
China Is ‘Prepositioning’ for Future Cyberattacks—and the New NSA Chief Is Worried
An unusual Chinese threat is designed not to extract military secrets or data of any kind, but to lurk in the infrastructure that undergirds civilian life.
Central banks turn cautious on China’s yuan, keen on dollars and gold
LONDON (Reuters) – More global reserve managers plan to increase exposure to the now high-yielding U.S. dollar as their interest in China’s yuan has soured due to low returns and geopolitical tensions …
Alcoa Set For Gains As China’s Aluminum Market Surplus Grows, Global Supply Tightens: JPMorgan
They expect demand outside of China to recover robustly … enhancing the company’s financial health. As such, Alcoa remains a solid option for investors seeking exposure to the aluminum and alumina …
Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off
Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. However, the hard part is doing so profitably. After China’s bet on EVs “paid off” so…
China’s underutilized factories fan export dump fears in U.S. and Europe
HONG KONG — In mid-March, newlywed Lisa joined the production line at a just-built electric vehicle plant of Li Auto, a star of China’s burgeoning EV industry. She hoped to help cover the couple’s living…
Export inspections all up on week, year
The USDA says corn, soybean, and wheat export inspections for the week ending May 30th were a little bit slower than what’s needed to meet projections for the 2023/24 marketing year. The 2023/24 marketing started…
Conspiracy theory-fueled newspaper Epoch Times grew revenue 4x thanks to CFO’s crypto crime proceeds, feds say
Federal prosecutors say Bill Guan, an executive at Trump-friendly news outlet the Epoch Times, laundered millions to support the publication.
China’s premium wine industry fermenting a ‘buzz and energy’, and it’s ‘only going up’
The two brothers who run Qingdao Lilong Winery of China quietly served samples of their bubbly Sancaro brand to a trickle of people in a corner of the vast Vinexpo Asia in Hong Kong last…