Tariffs
Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach
SOME of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of United States trade tariffs targeting it and...
India’s Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs
BHARTI Airtel reported an over two-fold rise in its second-quarter profit on Monday (Oct 28), as the telecom operator’s first tariff hike in over two years boosted its revenue...
Euro parity threat is back on Trump tariffs risk, ECB cuts
The risk of the euro sliding to parity with the US dollar is mounting in financial markets after last week’s interest-rate cut and a stark reminder that a Donald...
EU, China face hurdles in clinching EV deal before tariffs start
TRADE negotiations between the European Union and China have been plagued by major disagreements, with planned tariffs on Chinese-made electric vehicles (EVs) likely to kick in at the end...
EU backing for China EV tariffs shows Berlin’s waning influence
GERMAN Chancellor Olaf Scholz’s rejection of EU tariffs on Chinese electric vehicles failed to stop fellow European Union members voting in favour, exposing how a divided Berlin is struggling...
Volkswagen CEO sees threat of retaliatory tariffs from China: report
VOLKSWAGEN chief executive officer Oliver Blume hopes for an alternative solution to tariffs on Chinese electric vehicles (EVs) as he braces for potential retaliation from Beijing, Bild am Sonntag...
Germany to vote against EU tariffs on Chinese electric vehicles: sources
GERMANY on Friday (Oct 4) will vote against the introduction of European Union tariffs on Chinese electric vehicles, sources with knowledge of the matter said on Thursday.Germany abstained in...