U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. Brian Snyder | Reuters U.S. President-elect Donald Trump on Friday told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs. “I told the European Union that they must … Read more
China’s customs chief Yu Jianhua, who helped China fight its trade war with the US during Donald Trump’s first term in the White House, has died suddenly aged 63. Yu was suddenly taken ill on Tuesday and died despite receiving emergency treatment, the customs office said in a statement. He had made his last public … Read more
British Chancellor of the Exchequer Rachel Reeves talks to the media at the EU Council headquarter on Dec. 9, 2024 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images BRUSSELS, Belgium ꟷ President-elect Donald Trump has not yet re-entered the White House, but the U.K. and neighboring European Union are already working … Read more
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs … Read more
The U.S. Stars and Stripes flag hangs on Whitehall with the figure of Lord Nelson on the top of his column in Trafalgar Square, on 3rd June 2019, in London England. Richard Baker | In Pictures | Getty Images LONDON — President-elect Donald Trump’s proposed trade tariffs could prove a boon for the U.K., with … Read more
Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024. Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will … Read more
Donald Trump (L), President of the USA, and Emmanuel Macron, President of France, join hands during the final press conference of the G7 Summit on 26 August 2019, in Biarritz, France. NurPhoto | NurPhoto | Getty Images European officials have been quick to congratulate Donald Trump after he defeated his Democratic rival Kamala Harris to … Read more
Russian President Vladimir Putin and Chinese President Xi Jinping at their bilateral meeting prior to the opening of the BRICS summit, on Oct. 22, 2024, in Kazan, Russia. Contributor | Getty Images News | Getty Images China and Russia’s “profound” relationship will not change despite the turbulence in global geopolitics, Chinese President Xi Jinping told … Read more
By the end of October, the European Union will make a final decision on what some analysts call the biggest EU trade case against China in more than a decade. But automakers and countries are divided over whether to place tariffs — so far of up to 36.3% — on Chinese electric vehicles. A German … Read more
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington officials worry the country may be used as a “backdoor” to the U.S. market. Last year, China was the leading car supplier to Mexico, … Read more
