Latest in China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
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China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.Business - CNBC - 3 hours ago -
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Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.Business - MarketWatch - October 21 -
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...Business - MarketWatch - October 14 -
Paris Motor Show opens during a brewing EV trade war between the EU and China
Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor ShowWorld - ABC News - October 14 -
Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs
Xpeng, the Chinese electric vehicle maker, says it remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs.Business - CNBC - October 15 -
Berhalter accepts USMNT firing, but 'it still hurts'
Gregg Berhalter acknowledged that his firing in August as USMNT coach was "a really difficult moment," but said he's now hungry and motivated again to take on his new roles as Chicago Fire head ...Sports - ESPN - October 18 -
U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.Business - CNBC - 6 days ago -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - 2 hours ago -
Does the EU have a strategy for gas?
One of the largest US LNG producers is pitching flexible contracts to help the bloc diversify its energy mixWorld - Financial Times - 19 hours ago -
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
Starmer under pressure to accept slavery reparations, as minister claims UK will eventually agree - UK politics live
PM Starmer has been told by Commonwealth leaders he must come to the table to discuss reparations for the “ill effects” of slavery. Nigel Farage, the Reform UK leader, has said that “no one ...World - The Guardian - 5 days ago -
India and China agree to de-escalate border tensions
The two countries have reached a patrolling agreement after several clashes between their troops since 2020.Top stories - BBC News - October 21 -
China and the Vatican agree to extend an agreement on appointing bishops
The Chinese government says it has agreed with the Vatican to extend a provisional agreement on the appointment of Catholic bishops in China for four more yearsWorld - ABC News - October 22 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.Business - The New York Times - October 17 -
US approves lithium project in push to break China’s grip on EV minerals
Biden administration issues rare mine approval for Ioneer site in Nevada and extends tax breaks to companiesBusiness - Financial Times - 5 days ago -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - 4 days ago -
Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.Business - The Wall Street Journal - 4 days ago -
U.S.-China relations expected to be strained no matter who wins the White House
As Donald Trump and Vice President Kamala Harris face off in the presidential election, China’s President Xi Jinping has not expressed a preference for either.Top stories - NBC News - October 22 -
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China's steel exports expected to falter in 2025 as pain from tariffs spread
Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.Business - CNBC - 4 days ago -
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’Business - Financial Times - October 15 -
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Liberty Sponsors Pre-Negotiated Parade Floats, Owner Says
Some New York Liberty sponsors pre-negotiated championship parade floats prior to the start of the season, according to owner Clara Wu Tsai. Liberty partners, including Bumble, will have their own ...Sports - Yahoo Sports - 6 days ago -
JD Vance says negotiating with Russia is necessary to end war in Ukraine
Sen. JD Vance of Ohio on Saturday declined to characterize Russian President Vladimir Putin as an “enemy,” saying instead that “I think that he’s clearly an adversary.Top stories - NBC News - 2 days ago -
China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car
The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.Business - CNBC - 56 minutes ago -
The EU is imposing duties on electric vehicles from China after trade talks fail
The European Union says it will impose duties on imports of electric vehicles from China on Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade ...World - ABC News - 6 minutes ago -
Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.Business - The New York Times - October 15 -
China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime
China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday.Top stories - NBC News - 4 days ago -
Kamala Harris agrees that Donald Trump is a fascist: ‘Yes, we can say that’
Vice-president responds to suggestion by Charlamagne Tha God that Republican rival represents fascism. Kamala Harris has agreed that Donald Trump is a fascist in her most forthright statement ...World - The Guardian - October 16 -
Woodward says Mattis agrees with his warnings about Trump
Veteran journalist Bob Woodward outlined a recent email he received from former Defense Secretary James Mattis, where he seemingly agreed with Woodward's dire warning about a second Trump ...Politics - The Hill - October 18 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - 8 hours ago -
EU and UK security is ‘indivisible’, says David Lammy
Foreign secretary joins European meeting to discuss defence co-operation as part of post-Brexit ‘reset’ in relationsWorld - Financial Times - October 14 -
Migrant deportations to increase, says EU chief
The EU chief made the comments to member states, as Italy kicks off a contested migrant processing scheme.Top stories - BBC News - October 17 -
Test is 'still level', says England spinner Ahmed
England leg-spinner Rehan Ahmed says the third and deciding Test in Pakistan is "still level" despite the tourists losing three wickets late on the second day.Top stories - BBC News - 4 days ago -
Man City winner at Wolves a 'grey area' - but what does law say?
What was the fall-out of John Stones' late winner for Manchester City against Wolves, with the goal given following a VAR check after initially being ruled out.Top stories - BBC News - October 20