Latest in China directs automakers to halt investments in EU countries supporting EV tariffs
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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 - 2 days ago -
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 -
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 days ago -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - 2 days 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 -
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 -
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 -
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 - October 24 -
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 - 6 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 - October 25 -
China halts foreign adoptions, leaving children and U.S. families in limbo
Last month, China announced that it would end foreign adoptions of Chinese children to foreign families other than to blood relatives. Parent Aimee Welch joins CBS News to discuss her ongoing ...Top stories - CBS News - Yesterday -
New EU directive puts global supply chains and sovereignty at risk
The EU's directive on corporate sustainability due diligence requires businesses to identify and address adverse human rights and environmental impacts, potentially leading to a regulatory ...Politics - The Hill - October 21 -
U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
Moldovans narrowly vote to secure the country's path toward EU membership
Moldovans have voted by a razor-thin majority in favor of securing the country’s path toward European Union membershipWorld - ABC News - October 21 -
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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 -
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 - October 25 -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - Yesterday -
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To top China in biotech, support US seedbeds of innovation
Congress's ambition to break our dependence on this China-derived supply chain must be paired with an equal zeal for investing in domestic capabilities.Politics - The Hill - October 16 -
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China to boost lending for stalled property projects to $560bn
Beijing is trying to restore confidence in economy amid prolonged real estate slowdownBusiness - Financial Times - October 17 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.Business - CNBC - October 16 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp.Top stories - NBC News - October 16 -
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23 -
EU ministers nod to support for nuclear energy ahead of UN climate summit
Bloc officials overcome deep divisions on atomic power but finance goal commitment remains unresolvedBusiness - Financial Times - October 15 -
U.S. proposals to curb AI, semiconductor investment into China under final review
The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.Business - CNBC - October 22 -
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US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - 3 days ago -
Australia to invest $12bn in missile manufacturing amid China’s rise
Canberra has prioritised domestic capabilities in defence strategy overhaul to meet ‘missile age’World - Financial Times - 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 - 2 days ago -
The perfect storm for European automakers
Volkswagen and its EU rivals have allowed China to steal a march in EVsWorld - Financial Times - 22 hours ago -
UN asks Asia-Pacific countries to invest more in preventing damage from disasters
A U.N. official says disasters, including those wrought by fiercer storms, are threatening more people and could derail economic progress in the Asia Pacific region if governments would not invest ...World - ABC News - October 15 -
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 - 2 days ago -
A tough new EU cyber law is off to a messy start, with many countries failing to adopt the rules
New European Union rules requiring businesses to bolster their cyber defenses are already off to a messy start.Business - CNBC - October 17
