GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group
President Joe Biden and presumptive GOP nominee Donald Trump are now working to one-up each other with various tariff proposals despite both political parties enthusiastically backing free trade just a few years ago. The latest came on Wednesday, when Biden proposed tripling the import tariff on Chinese steel and aluminum, subject to an investigation by […]
U.S. officials said Chinese materials are filing critical gaps in Russia's defense production cycle and helping Moscow undertake the expansion of its defence industrial base.
By Philip Heijmans (Bloomberg) — This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries. An estimated 150 billion cubic meters
It’s a warm and sunny Saturday afternoon here in D.C. as I write this.
Tit-For-Tat Responses From Beijing To Trade Restrictions May Bring About A Full-Blown Trade War By John Liu, Zhu Lin and Abhishek Vishnoi, Bloomberg Markets Live reporters and strategists China’s most-promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel the nation’s market growth. The sectors under scrutiny by Europe and the US are as wide-ranging as electric vehicles, wind...
As City and Chelsea square off in the FA Cup quarterfinals Palmer has the
President Joe Biden traveled to Florida to take on Donald Trump on his home turf - ridiculing comments the Republican made about abortion and the Bibles the ex-president is hawking.
President Biden has made it clear to Benjamin Netanyahu that US forces will not join offensive operations against Iran, according to reports. The comments were made by Biden during a phone call between the two leaders after Iran unleashed a drone and missile attack on Israel. Biden released a statement following the call between the two leaders saying it had reaffirmed America's 'ironclad commitment to the security of Israel'
The funds are needed. The Stockholm International Peace Research Institute outlined that Russia’s military spending increased by 24 per cent to an estimated $109bn in 2023, marking a 57 per cent rise since 2014, the year that Russia annexed Crimea. Not including international aid Ukraine’s spending surged to reach $64.8bn. Ukraine’s military spending in 2023 was 59 per cent the size of Russia’s. Therefore, this new package from the US, along with aid from allies across Europe and the world, will...
China Is Winning Big On Smaller EVs Smaller is betterat least in the world of building EVs for the Asian market. And while less scrupulous publications might take this opportunity to make stereotypical jokes about height, we'll do no such thing and instead will simply report that according to the IEA's Global Electric Vehicle Outlook 2024, released Tuesday, China dominated the EV market in 2023. In fact, it made up 60% of global sales, according to a new report from Reuters. The...
Former President Trump has won the GOP primary in Pennsylvania, according to Decision Desk HQ. Trump has already hit the delegates he needs to secure the Republican nomination for 2024, and there are another 67 delegates up for grabs in the Keystone State's Tuesday night contest, according to a tracker from Decision Desk HQ/The Hill. Across the []