By Philip Blenkinsop and Nick Carey BRUSSELS (Reuters) – EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last year in China, wants to […]
By Philip Blenkinsop and Nick Carey BRUSSELS (Reuters) – EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last year in China, wants to […]
U.S. ports and terminal operators are now pushing back on the 25-percent tariff the Biden administration proposed on ship-to-shore cranes manufactured in China, citing the added cost pressures the gateways would incur that could exceed $130 million. Ports across Houston, South Carolina, Georgia, Tampa, Virginia and New York, as well as terminals in Long Beach, […]
On the precipice of an all-out trade war with the European Union, China is panicking and dangling perks for German carmakers to try to bring things back from the brink. The world’s second-biggest economy proposed lowering its existing 15% tariff on imported large engine vehicles from EU countries in an effort to convince Germany to […]
Open markets and green technologies are vital for stabilising global growth, China’s premier said on Tuesday, while criticising trade tensions as he opened a conference in north-eastern China. Li Qiang told political and business leaders attending the World Economic Forum Annual Meeting of the New Champions, also known as the “Summer Davos”, that China is […]
TAIPEI, Taiwan (AP) — Open markets and green technologies are vital for stabilizing global growth, China’s premier said Tuesday, while criticizing trade tensions as he opened a conference in northeastern China. Premier Li Qiang told political and business leaders attending the World Economic Forum Annual Meeting of the New Champions, also known as the “Summer […]
BANGKOK (AP) — China and the European Union are open to holding talks on the EU’s recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles, officials from both sides say. China’s Commerce Ministry and Germany’s economy minister said over the weekend that each side was willing to hold talks on the issue. […]
BEIJING (Reuters) – Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China’s state-controlled Global Times reported, after an agreement by both sides to hold new trade talks. Provisional EU duties of up to 38.1% on imported Chinese-made EVs are set to kick in by July 4 […]
BEIJING (Reuters) – Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China’s state-controlled Global Times reported, after an agreement by both sides to hold new trade talks. Provisional EU duties of up to 38.1% on imported Chinese-made EVs are set to kick in by July 4 […]
BEIJING (Reuters) -Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday. Habeck’s visit to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers […]
BEIJING (AP) — China’s Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%. Ministry spokesman He Yadong said the European side had demanded excessive amounts of information from Chinese automakers and then […]
Chinese automakers have reportedly urged Beijing to hike tariffs on petrol engine cars imported from the EU, according to a Chinese newspaper report. The move would be in response to new planned EU import tariffs applying to Chinese made electric vehicles – which a Brussels probe has concluded benefit from anti-competitive subsidies. A response by […]