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
US Vice President Kamala Harris seen attending the 2024 Munich Security Conference on February 16, 2024 in Munich, Germany. Johannes Simon | Getty Images There’s a renewed sense of excitement among European officials as U.S. Vice President Kamala Harris becomes the frontrunner for the Democratic nomination ahead of the all-important election this fall. The U.S. … Read more
The European Union on Thursday confirmed its decision to hike tariffs on electric vehicles imported from China — with one automaker issuing fresh warnings that it may have to raise prices as a result. The European Commission, the executive arm of the European Union, announced plans for such levies in June after concluding in an … Read more
WASHINGTON: The United States welcomed Vietnam’s planning and investment minister on Tuesday (Jun 25) for talks on enhancing economic cooperation, and said ties were stronger than ever, days after Hanoi upset Washington by hosting Russian President Vladimir Putin. The US State Department said this week’s dialogue would cover economic security, semiconductors, the investment climate, digital … Read more
Governments around the world are increasingly mandating real-time digital tax reporting. This trend spans from the growing number of countries requiring e-invoicing and e-reporting to the momentum around a European Union-wide approach through the EU’s VAT in the Digital Age proposals. In the United States, the establishment of the voluntary Digital Business Networks Alliance reflects … Read more
