BEIJING — China filed a World Trade Organization complaint against the United States on Tuesday over what it says are discriminatory requirements for electric vehicle subsidies. The Chinese Commerce Ministry did not say what prompted the move. But under a new U.S. rule that took effect Jan. 1, electric car buyers are not eligible for tax credits of $3,750 to $7,500 if critical minerals or other battery components were made by Chinese, Russian, North Korean or Iranian companies. The credits are...
Despite maintaining years-long easy access to Biden’s monies, Schwerin never saw any indication that Biden handed out loans to anyone.
China is preparing for invasion and occupation of Taiwan to kick-start its expansionist campaigns, and President Joe Biden is not prepared. Adm. John Aquilino, U.S. Navy commander and head of the Indo-Pacific forces, told the House Armed Services Committee that America is steadily less prepared for a war with China that now appears to be […]
China has filed a complaint against the Biden administration's EV incentive policy with the World Trade Organization (WTO), Bloomberg reports. New rules for the federal EV tax credit enacted in 2022 as part of the Inflation Reduction Act are "discriminatory" and "seriously distorted" the global EV supply chain, the Chinese Ministry of Commerce
While diplomatic rows are inevitable, the priority is to keep channels open, and engage with Beijing about the climate crisisOnce upon a time Britain would have sent a gunboat up the Yangtze River. That would teach those Chinese a lesson. To hear some MPs talk about Beijing’s espionage activities, you would think gunboats were already on their way.Of course, it is malicious and hurtful for a foreign state patently to hack into Britain’s Electoral Commission and target senior parliamentarians –...
America's $7,500 tax credit for EVs violates WTO principles of fair trade, according to an international dispute launched by China
More Americans trust former President Trump’s approach to trade than President Biden's but are split on their approach to tariffs on China, according to a new survey. The YouGov poll, released Friday, found 42 percent of Americans somewhat approve of Trump's approach to foreign trade, 11 percent higher than Biden’s 31 percent. At the same
The US resolution was not a significant change in Biden's stance on the Israel/Gaza conflict. But it was a change in strategy. Here's what to know
The Biden Administration attempted to pass a resolution at the United Nations Security Council on Friday that tried to pressure Israel into accepting a temporary ceasefire in Gaza -- and Russia and China vetoed it anyway.
Tesla has reduced electric vehicle production in China due to slow new-energy vehicle sales and increased competition, resulting in a drop in shipments year-over-year.
By DAVE COLLINS Associated Press Baimadajie Angwang thought he would be reinstated to his dream job as a New York City police officer after federal prosecutors dropped criminal charges alleging he spied for China. Instead, he is fighting the police commissioner’s decision to fire him. In a decision made public recently, Commissioner Edward Caban ordered
A police officer was accused of spying for China. The charges were dropped, but the NYPD fired him