The Canadian government says it will impose a 100% tariff on imports of Chinese-made electric vehicles — matching levies introduced by the US. Prime Minister Justin Trudeau on Monday announced a 100% tariff on imports...
The EU claims that Chinese electric car makers received government subsidies that unfairly undermined their European rivals. China says it has resorted to the WTO to preserve “the global green transformation.” The Chinese government filed...
The US government said Europe had not done enough to be in compliance with WTO decisions. The EU has called for intensified efforts to resolve the trade dispute. European trade groups reacted with regret and...
The introduction of an additional 15% tariff on thousands of goods has ratcheted up the Trump-Xi trade war. Although fresh trade talks will resume later this month, Washington and Beijing continue the tough rhetoric. The...
A global sigh of relief that the US will not tariff all its imports from Mexico. Equities are all higher, and the weekend demonstrations in Hong Kong over a bill allowing extraditions to the mainland...
The US announcement to lay a 5% tariff on all goods coming from Mexico (starting June 10) until it stops the flow of “illegal migrants” spurred sharp losses in the Mexican peso and general risk-off...
Chinese exports to the US have been subject to the Trump tariffs since last July. According to the US President, this is wrecking the Chinese economy but does the Asian power ultimately have more stomach...
US officials are in China on Monday for the start of fresh trade negotiations. What’s on the agenda — and what progress could be made as another deadline looms in the trade battle between Beijing...
Over nearly 10 years, the world economy has been growing by a moderate but steady clip. In 2019 though, risks such as Brexit, trade wars and higher interest rates could spell the end to an...
The Indian rupee has turned out to be Asia’s worst-performing currency this year as the nation’s economy struggles with rising oil prices, a widening current account deficit and broader emerging market concerns. The rupee has...
Amid intensifying trade friction between Washington and Beijing, a new round of US tariffs took effect on Monday, raising the stakes for both sides. China seems to have several tools up its sleeve to counter...
US President Donald Trump remains focused on reducing the American trade deficit, and Japan may be the next target. An American newspaper cites the president as saying he wants to make Tokyo “pay” for its...